Tag Archives: Connecticut Business

After, Inc. Acquires Accentf(x) to Deepen its Post-Sale Marketing Services Offering

NORWALK, Conn. /ScoopCloud/ -- After, Inc., the leading customer experience technology company providing post-sale software and services to the world's top manufacturers, retailers, and ecommerce sellers, just announced its acquisition of Accentf(x) Marketing. Accentf(x) is a full-service, multi-channel, direct response marketing agency that combines proprietary technology, data management, and consumer insights to deliver the highest quality post-sale marketing solutions to its clients.

"With over 20 years of experience managing the post-sale marketing businesses of top appliance and consumer electronics manufacturers, Accentf(x) brings substantial industry knowledge and expertise to our team," says After, Inc.'s CEO, Nate Baldwin. "We also see great synergies in leveraging Accentf(x)'s vertically integrated capabilities with our post-sale marketing clients."

Accentf(x)'s CEO, Patrick Scheen agrees that the two companies are ideally matched. "We couldn't be more thrilled to join such a high quality, customer-focused post-sale services company like After, Inc. We look forward to combining After's best-in-class predictive analytics with our proprietary technology platform to drive significant performance improvements. It is win-win for our two companies and our clients."

ABOUT AFTER, INC.

After, Inc. ( https://www.afterinc.com/ ) is a pioneer in the Post-Sale Services industry. Since 2005, After, Inc. has been partnering with some of the world's top brands to help transform their post-sale businesses, driving customer satisfaction post-purchase, higher product reliability, deeper brand equity and additional revenue and profit opportunities. The company launched QuickSuite, in 2021, a modular set of SaaS technologies to help manufacturers, retailers, and ecommerce sellers build deeper relationships with their customers and drive satisfaction, loyalty, and lifetime revenue after the point of sale.

Headquartered in Norwalk, Connecticut with offices in New York City, After, Inc. is part of Galway Holdings, a diversified financial services distribution company with a focus towards data analytics, technology transformation, and innovative risk sharing solutions.

ABOUT ACCENTF(X) MARKETING

Accentf(x) Marketing ( https://www.accentfx.com/ ) specializes in helping clients engage, influence and grow customer relationships. For over 20 years Accentf(x)'s experienced team has provided clients with a competitive advantage and increased ROI through end-to-end customized data management, advanced analytics and insights, technology solutions and turnkey multichannel marketing programs. An alternative to typical database marketing providers who offer fixed platforms and ridged software, Accentf(x) provides tailored solutions to meet each of its client's unique needs and goals.

After, Inc., the leading customer experience technology company providing post-sale software and services to the world's top manufacturers, retailers, and ecommerce sellers, just announced its acquisition of Accentf(x) Marketing.

Related link: http://afterinc.com/

Paragon Hires Industry Vet for East Coast Expansion

AVON, Conn. /ScoopCloud/ -- Paragon Insurance Holdings LLC, a nationwide multiline specialty managing general agent (MGA), is pleased to announce the hire of Patrick Carroll as senior vice president - Eastern Region, effective January 31.

"Pat will be in instrumental in helping expand our footprint, particularly on the East Coast," Paragon President Ron Mairano said. "He has deep rooted relationships in the insurance industry focusing much of that time in the workers' comp marketplace. We're all excited to have him join the team."

Carroll brings more than 38 years of property & casualty and workers' compensation experience to his role at Paragon. He has held leadership positions on both the carrier and MGA side and will be working with new and existing partners in the Eastern United States.

Carroll will report to Andrew Petersen, executive vice president.

"I'm excited to be back in the MGA space with people I have known for over 20 years and who have an incredible track record of success," Carroll said.

About Paragon:

Paragon, a broadly diversified MGA launched in 2014, supplies distinctive alternatives and options to retail brokers, insurance coverage carriers, reinsurers and vendor companions. The agency, which is owned Galway Holdings, writes all business strains of coverage throughout greater than 20 packages.

Please visit https://www.paragoninsgroup.com/ for additional information.

Paragon Insurance Holdings LLC, a nationwide multiline specialty managing general agent (MGA), is pleased to announce the hire of Patrick Carroll as senior vice president - Eastern Region, effective January 31, 2022. Carroll brings more than 38 years of property and casualty and workers' compensation experience to his role at Paragon.

Related link: https://www.paragoninsgroup.com/

Choyce Peterson Publishes Year-End 2021 Lower Fairfield County Office Space Availability Poster

NORWALK, Conn. /ScoopCloud/ -- Choyce Peterson, Inc. (www.choycepeterson.com), a full service commercial real estate brokerage firm with a specialization in tenant representation, announced the release of its 24th semi-annual Lower Fairfield County Office Space Availability Poster.

The full-size poster depicts silhouettes of 96 buildings with a total inventory of 18.2 million square feet (sf) and tracks changes in office space availability from Year-End 2020 to Year-End 2021 in larger, primarily multi-tenanted Class A office buildings in Stamford, Norwalk, Greenwich, and Westport. The unique study illustrates the absorption and give back of direct and sublease space, as well as overall availability statistics.

This report shows there was a 0.9 percentage point decrease in total availability during 2021, from 29.8% at Year-End 2020 to 28.9% at Year-End 2021. Of the 5,277,382 sf of available space: 3,738,928 sf (70.9%) is on a direct basis while 1,538,454 sf (29.1%) is sublease space.

The following refers to the poster's "availability rate" at Year End 2020 vs. Year-End 2021 in each market surveyed:

* Stamford decreased from 34.1% to 30.4%. Of the 31 buildings surveyed, 17 experienced a decrease in available square footage, 10 had an increase and 4 were unchanged. 300 Atlantic Street, 1 Landmark Square, and One Station Place (Metro Center) combined added 145,781 sf of available space, while 290 Harbor Drive, 2200 Atlantic Street (1 Harbor Point), and 3001 Summer Street combined leased 258,461 sf. Interestingly, of the 2,913,696 sf of available space in Stamford, five buildings account for 47%, or 1,370,324 sf, of the total.

* Norwalk increased from 34.6% to 38.3%. Of the 20 buildings surveyed, 10 experienced a decrease in available square footage, 8 had an increase and 2 were unchanged. 201, 301 and 401 Merritt 7 combined added 157,689 sf of available space, and 801 Main Avenue and 20 Glover combined leased 90,914 sf. The 38.3% availability is the highest level since we started tracking these buildings ten years ago.

* Greenwich, the strongest of the four markets, decreased from 16.1% to 15.5%. Of the 25 buildings surveyed, 14 experienced a decrease in available square footage, 3 had an increase and 8 were unchanged. 100 West Putnam Avenue, 1 American Lane and 411 West Putnam Avenue combined added 196,409 sf of available space, and 1 Greenwich Plaza, 600 Steamboat combined leased 148,992 sf. A rare occurrence in the market: there is now essentially an equal amount of sublease and direct space available in Greenwich.

* Westport increased from 12.6% to 16.0%. Of the 20 buildings surveyed, 5 experienced a decrease in available square footage, 6 had an increase and 9 were unchanged. 276 Post Road W, 57 Greens Farms Road and 285 Riverside Avenue combined added 53,491 sf of available space, and 33 Riverside Avenue and 274 Riverside Avenue combined leased 25,440 sf. Two points of interest: there is almost double the amount of available sublease space versus direct, and 13 of the 20 buildings surveyed have either no space for lease or less than 5,000 sf available.

"It's certainly an interesting office market environment where two sub-markets had a decrease in availability (Greenwich and Stamford), while two sub-markets had an increase (Norwalk and Westport)," stated John P. Hannigan, co-founder and a principal at Choyce Peterson. "There's a balancing act going on right now: on one hand, sublease space continues to be added to the market, while at the same time Greenwich and Stamford in particular are attracting companies from outside the area who are absorbing large amounts of space. As a result, we expect the overall availability rate to remain relatively the same during the first half of 2022."

Adam M. Cognetta, vice president at Choyce Peterson noted, "Sublease supply, fueled by a shift in workplace trends and an underlying uncertainty, is something we continue to track closely as it remains a primary contributor to overall availability. Interestingly, we're seeing well-located assets at premium price points attract more interest and outperform the broader market."

Hannigan added, "Now more than ever, landlords continue to be flexible in their lease negotiations and accommodating tenants' specific needs. Transactions are even being completed with companies who have two plus years of term remaining on their leases. We at Choyce Peterson are successfully advising our clients to create an action plan on whether to renew, downsize or relocate. From there, we are negotiating very favorable financial terms on their behalf, including generous amounts of free rent, discounted base rent, and landlord funded retrofits designed exactly to a tenants' specific layout needs."

To view the poster, click on the following link: https://www.choycepeterson.com/officeposter

To order a copy of Choyce Peterson's comparative Silhouette Poster, please call 203-356-9600 or email info@choycepeterson.com.

About Choyce Peterson

Choyce Peterson, Inc., a full service commercial real estate brokerage and consulting firm with offices in Norwalk, CT and Rye Brook, NY, was founded in 1997 and has negotiated millions of square feet of transactions in 42 states and Canada. The Choyce Peterson process delivers comprehensive and creative real estate solutions to ensure clients derive maximum value from their real estate decisions. https://www.choycepeterson.com/

Choyce Peterson, Inc., a full service commercial real estate brokerage firm with a specialization in tenant representation, announced the release of its 24th semi-annual Lower Fairfield County Office Space Availability Poster.

Related link: https://www.choycepeterson.com/

Domotics RE-Technologies Nominated for Residential Systems Picks Award at CES 2022

RIDGEFIELD, Conn. /ScoopCloud/ -- Domotics RE-Technologies, LLC ("Domotics") is a real estate technology company with solutions that revolutionize how home buyers and sellers interact in the digital world (https://domoticsre.com/). Domotics was nominated for the prestigious Residential Systems 2022 Picks Awards at the CES show in Las Vegas for its industry-leading solution that promises to advance the real estate buying experience.

They are targeting a millennial generation who are entering their prime home-buying years and demand multi-device viewing and heightened interactions. Buyers immerse themselves in a platform providing a highly realistic experience of viewing properties with interactive VR and 360-degree visuals. Sellers are provided enhanced virtual showing capabilities utilizing a proprietary app on any device.

"We are extremely proud of our next-generation technology that will change the way agents and brokers showcase properties digitally," said Jason LaVardera, CEO of Domotics. "We are not only heightening the buyer's experience utilizing an enhanced virtual walkthrough that rivals real-world viewing, but we are giving power back to the agents by having synchronized viewing of properties on multiple devices, no matter the location."

The award by Residential Systems, for which Domotics was nominated, reviewed home innovation products from CES 2022, the world's largest electronics trade show, where over 2,000 exhibitors showcased thousands of products in a variety of applications.

"We are excited to bring the Domotics platform with our innovative and immersive Domotics HoloPort framework that gives anyone using our solutions an edge over the competition," said Darshan Sedani, CTO of Domotics and President and founder of IntelliMedia Networks, Inc, the developers of the HoloPort framework which won product of the year award at the 2019 NAB Conference. "This technology will prove to be an industry disrupter."

"It all comes down to giving prospective buyers the most realistic home viewing experience regardless of where they are," said Josh LaVardera, COO of Domotics. "Buyers appreciate saving time, money and resources in the house-hunting process while still getting to see a property in detail. We have taken the current print and web page based static interaction and made it memorable and engaging."

"Developers and builders will now be able to showcase planned and finished construction projects using this technology," said Mike Sturges, CMO of Domotics. "From a builder's perspective, this solution will help sell more properties both prior to the start of construction and after construction is completed, making it a builder's dream."

Domotics plans to launch its immersive real estate platform across all devices for realtors to list and show homes this year.

About Domotics RE-Technologies, LLC.

Domotics offers revolutionary immersive and interactive real estate listing solutions to engage buyers and realtors using VR and AR on mobile devices, Smart TV's, streaming media devices, and wearable technologies. The listings platform delivers a unique viewing experience that helps both buyers and sellers by providing a highly interactive and informative view of prospective home purchases.

Learn more at: https://domoticsre.com/

About Residential Systems

Residential Systems serves custom home entertainment and automation design and installation professionals with solid business solutions to real-world problems. Residential Systems provides readers with the most timely news, insightful reporting, and product information in the industry.

Domotics RE-Technologies, LLC ("Domotics") is a real estate technology company with solutions that revolutionize how home buyers and sellers interact in the digital world. Domotics was nominated for the prestigious Residential Systems 2022 Picks Awards at the CES show in Las Vegas for its industry-leading solution that promises to advance the real estate buying experience.

Related link: https://domoticsre.com/

After, Inc. and PermaPlate® Partner to Deliver PermaPlate Furniture Protection powered by QuickCover® to Online Furniture Retailers

NORWALK, Conn. /ScoopCloud/ -- After, Inc., the leading customer experience technology company providing software and services to the world's top manufacturers, retailers and merchants, today announced its partnership with PermaPlate Furniture, the furniture protection plan division of PermaPlate®. PermaPlate® recently expanded its warranty administration solutions to offer furniture coverage to online furniture and home furnishing retailers.

Furniture and homeware e-commerce generates $55 billion in revenue in the United States, according to Statista's September 2021 estimates - 12% of total retail e-commerce and the fastest growing sector, beating fashion and electronics. Given PermaPlate's reputation for delivering a world-class experience to its customers, it chose to partner with After, Inc., who has been providing best-in-class post-sale services to global retailers and manufacturers since 2005.

"For the past fifteen years, After, Inc. has been helping some of the world's top brands like Electrolux, Ford, Harley Davidson, Toro, Husqvarna, Canon, and Bass Pro Shops transform their warranty programs," says Nate Baldwin, CEO of After, Inc. "Now we have taken that knowledge and expertise, helping our clients optimize their product registration, service contract sales, analytics and program management, and built the QuickSuite platform. A key difference in our QuickCover® technology is that it does not compete with manufacturers, retailers or TPAs - like PermaPlate Furniture - who have their own service contract programs. Instead, it provides the technology they need to maximize their own online protection plan sales. We're thrilled to partner with PermaPlate Furniture to offer its Furniture Protection Plus plans powered by QuickCover®."

"After, Inc.'s QuickCover® technology was the clear choice for PermaPlate Furniture," says John Nisson, President of PermaPlate®. "After knows how critically important the customer relationship is for both manufacturers and retailers. They also understand the fundamental nuances and market demands for manufacturing limited warranties, and how to deliver best-in-class post-sale experiences for customers. After aligns with PermaPlate Furniture's strategic expansion plans to deliver innovative solutions to online furniture retailers. Its QuickCover® platform will allow any online furniture retailer to easily implement and offer PermaPlate Furniture protection plans with confidence in minutes through native e-commerce platform APIs like Shopify and Magento."

ABOUT AFTER, INC.

After, Inc. (afterinc.com) is a pioneer in the Warranty Services industry. Since 2005, After, Inc. has been partnering with some of the world's top brands to help transform their warranty businesses, driving customer satisfaction post-purchase, higher product reliability, deeper brand equity and additional revenue and profit opportunities. The company launched QuickSuite, in 2021, a modular set of SaaS technologies to help manufacturers, retailers, and e-commerce sellers build deeper relationships with their customers and drive satisfaction, loyalty, and lifetime revenue after the point of sale.

Headquartered in Norwalk, CT with offices in New York City, After, Inc. is part of Galway Holdings Group, a financial services distribution company with a focus towards data analytics, technology transformation, and innovative risk sharing solutions. Learn more: https://www.afterinc.com/.

ABOUT PERMAPLATE FURNITURE

PermaPlate® is headquartered in Salt Lake City, Utah, and is an industry leader in the manufacturing of appearance protection products and in the delivery of world class warranty administration services to thousands of retailers throughout the United States, Canada, and Puerto Rico.

PermaPlate Furniture (www.permaplatefurniture.com) is uniquely positioned in the appearance protection warranty industry, leveraging nearly 44 years of rich corporate history and customer service expertise to more than 27,000 furniture stores and online retailers in the United States and their valued customers.

After, Inc., the leading customer experience technology company providing software and services to the world's top manufacturers, retailers and merchants, today announced its partnership with PermaPlate Furniture, the furniture protection plan division of PermaPlate®.

Related link: http://afterinc.com/

Promontory MortgagePath promotes Kevin Wheeler to managing director

DANBURY, Conn. /ScoopCloud/ -- Promontory MortgagePath LLC, a leading provider of comprehensive digital mortgage and fulfillment solutions, announced today it has promoted Kevin Wheeler to managing director of product and engineering. Wheeler previously held the position of director of backend engineering at Promontory MortgagePath.

"Kevin's initiative and drive to consistently evolve process and back-office functions in addition to the customer experience have made him an asset at Promontory MortgagePath since day one," said Dean McCall, chief information officer at Promontory MortgagePath. "From constantly improving the back-end efficiencies of Promontory MortgagePath's tech stack to building the framework needed for new product launches and government-required changes, Kevin's work positively impacts our clients each and every day. This promotion is both well-deserved and a direct result of Kevin's hard work and passion for Promontory MortgagePath's mission to help community banks expand homeownership opportunities."

In his time at Promontory MortgagePath, Wheeler has been a driving force in engineering the technologies supporting Promontory MortgagePath's digital mortgage and fulfillment solutions. One example of this support has been Wheeler's work on Borrower Wallet(r), Promontory MortgagePath's proprietary point-of-sale technology. Borrower Wallet is redefining the lending experience by offering functionality specifically designed to improve efficiency and create a superior user experience for community bank customers. Wheeler works tirelessly behind the scenes to ensure the backend of Promontory MortgagePath's technology operations is running smoothly and efficiently.

"The talented team at Promontory MortgagePath is among the best with which I've worked," Wheeler said. "I am enthusiastic about what the future holds and welcome the opportunity to play a more prominent role in continuing the company's advancement in the community lending space."

About Promontory MortgagePath LLC | NMLS ID 1532373

Promontory MortgagePath is a fast-growing team of passionate problem solvers on a mission to fundamentally change the way lenders approach their mortgage business. The company combines an intuitive, collaborative digital mortgage platform with modern, comprehensive fulfillment services, giving lenders the progressive technology and scalability required to profitably compete in today's rapidly changing residential mortgage market. Promontory MortgagePath's founder, former U.S. Comptroller of the Currency Gene Ludwig, is widely recognized as a visionary thinker on the critical issues confronting financial services, and his companies are renowned for helping community lenders resolve their most pressing challenges. To learn more, visit https://www.mortgagepath.com.

Promontory MortgagePath LLC, a leading provider of comprehensive digital mortgage and fulfillment solutions, announced today it has promoted Kevin Wheeler to managing director of product and engineering. Wheeler previously held the position of director of backend engineering at Promontory MortgagePath.

Related link: https://www.mortgagepath.com/

Promontory MortgagePath Chief Compliance Officer Elisha Werner makes Mortgage Professional America’s list of 2021 Elite Women

DANBURY, Conn. /ScoopCloud/ -- Leading digital mortgage and fulfillment solutions provider Promontory MortgagePath LLC announced its Chief Compliance Officer Elisha Werner has been named one of Mortgage Professional America's (MPA) Elite Women 2021. The MPA Elite Women award seeks to honor women in the mortgage sector who are pushing boundaries to diversify a traditionally male-dominated industry.

"Given how critical compliance is to the mortgage origination process, Promontory MortgagePath has curated a deep bench of regulatory compliance talent - ensuring compliance permeates throughout our entire solution and providing our clients with best-in-class, consultative expertise," said Debora Aydelotte, chief operating officer at Promontory MortgagePath. "Elisha plays a critical role in our ability to deliver this knowledge and support, and on behalf of our team, I'd like to congratulate her on this well-deserved recognition."

Werner is a renowned attorney with more than 20 years of compliance experience in the financial services industry. She leads compliance efforts for Promontory MortgagePath's residential mortgage operations and oversees the regulatory and compliance implementation process, including contributing to and testing the company's cutting-edge compliance controls and digital mortgage origination technology.

"Succeeding at PMP is not difficult given the company's solidly built compliance foundation and partners who emphasize continued development of compliant processes and technology. I am grateful to be part of such a uniquely focused organization," Werner said.

Prior to joining Promontory MortgagePath, Elisha held various leadership positions with mortgage banking and financial services firms such as First National Bank of Omaha, Opus Capital Markets Consultants, Midwest Equity Mortgage, and Wipro Gallagher Solutions, working to establish a holistic approach to compliance and risk within each organization.

To view the full list of 2021 MPA Elite Women, visit: https://www.mpamag.com/us/best-in-mortgage/elite-women-2021/319778#winnersListSection

About Promontory MortgagePath LLC | NMLS ID 1532373

Promontory MortgagePath is a fast-growing team of passionate problem solvers on a mission to fundamentally change the way lenders approach their mortgage business. The company combines an intuitive, collaborative digital mortgage platform with modern, comprehensive fulfillment services, giving lenders the progressive technology and scalability required to profitably compete in today's rapidly changing residential mortgage market. Promontory MortgagePath's founder, former U.S. Comptroller of the Currency Gene Ludwig, is widely recognized as a visionary thinker on the critical issues confronting financial services, and his companies are renowned for helping community lenders resolve their most pressing challenges. To learn more, visit https://www.mortgagepath.com.

About Mortgage Professional America

A publication of Key Media, Mortgage Professional America (MPA) delivers news, opinion and analysis to mortgage, real estate and finance industry professionals through its bi-monthly magazine and daily email newsletter. For more information, visit http://www.mpamag.com/.

Leading digital mortgage and fulfillment solutions provider Promontory MortgagePath LLC announced its Chief Compliance Officer Elisha Werner has been named one of Mortgage Professional America's (MPA) Elite Women 2021. The MPA Elite Women award seeks to honor women in the mortgage sector who are pushing boundaries to diversify a traditionally male-dominated industry.

Related link: https://www.mortgagepath.com/

After Inc. Will Premiere its Award-Winning QuickSuite Technology at CES 2022

NORWALK, Conn. /ScoopCloud/ -- After, Inc., the leader in post-sale customer experience technology and services since 2005, just announced that its senior team will be at CES in Las Vegas on January 5 - 7, 2022 to unveil its new QuickSuite. Each year, CES brings together the most innovative technology companies to share their latest developments and this will be no different. CES 2022 will highlight advancements in AI, XR, gaming and computing, digital health, automotive and transportation, home entertainment, smart home - and new this year will be space technology, food technology, and NFTs.

"We are excited to see current and potential customers at CES in a few weeks and premiere our QuickSuite technology," says Dawn Taylor, After, Inc.'s Chief Revenue Officer. "After has a long history of strong partnerships with the largest manufacturers in the world. QuickSuite allows us to bring those same proven processes to manufacturers, TPAs and retailers at a much lower cost. QuickSuite includes five modular platforms that together manage the entire post-sale customer lifecycle: registration and upsell/cross-sell (QuickReg®), product protection (QuickCover®), claims management (QuickClaim®), behavioral and predictive analytics (QuickInsight®), and renewal or subscription management (QuickRenew®)."

The company will be holding private meetings at Vdara Hotel and Spa on January 5th-7th. If you plan to be there and would like to schedule a meeting, you can reach out to Dawn Taylor directly at dtaylor@afterinc.com or contact Scott Morrison, EVP Business Development (smorrison@afterinc.com) or Dan Hulkower, SVP, Business Development (dhulkower@afterinc.com).

To learn more about QuickReg® and QuickCover®, visit our product websites at https://www.quickreg.me/ and https://www.quickcover.me/. QuickClaim®, QuickInsight®, and QuickRenew® are launching in late January and early February 2022.

About After, Inc.

After, Inc. (https://www.afterinc.com/) is a leader in post-sale customer experience technology, providing product registration, marketing, analytics, and program administration to enterprise customers since 2005. After, Inc. partners with some of the world's top brands to help them drive customer satisfaction post-purchase, higher product reliability, deeper brand equity and additional revenue and profit opportunities. Now, with its new QuickSuite, After, Inc. can offer the same high quality post-sale solutions to manufacturers, TPAs and retailers of any size. Headquartered in Norwalk, Connecticut, and with offices in New York City, After, Inc. is part of Galway Insurance Holdings, LP ("Galway Holdings"), a financial services distribution company with a focus towards data analytics, technology transformation, and innovative risk sharing solutions.

After, Inc., the leader in post-sale customer experience technology and services since 2005, just announced that its senior team will be at CES in Las Vegas on January 5 - 7, 2022 to unveil its new QuickSuite. Each year, CES brings together the most innovative technology companies to share their latest developments and this will be no different.

Related link: http://afterinc.com/

Choyce Peterson Appointed Exclusive Leasing Agent for a Full Floor 3,370 SF Office Space in Downtown Stamford, CT

NORWALK, Conn. /ScoopCloud/ -- Choyce Peterson, Inc. (www.choycepeterson.com), a commercial real estate brokerage firm, announced that Overseas Development Corporation (www.overseasdevelopment.com) has appointed Choyce Peterson, Inc. as the exclusive listing agent representing its building at 953 Washington Boulevard in Stamford, CT.

This 7,368 square foot mixed-use building offers the entire second floor office space of 3,370 square feet for lease. The Choyce Peterson agency team is made up of Vice President Adam Cognetta and Vice President Charlene O'Connell.

953 Washington Boulevard boasts an ideal downtown location within easy walking distance to restaurants and retail stores. It is 0.6 miles off Exit 7 of I-95 and a 10-minute walk to the Stamford Train Station. The walk-up suite benefits from an exclusive outside entrance with prominent signage opportunity, and plenty of character with exposed brick walls. There is an open, flexible area for workstations, as well as five offices, a conference room, and an executive office with an en suite full bath. In addition, there is a set of dedicated restrooms for this office space.

Cognetta explained, "We are pleased to be representing this boutique building in the center of downtown Stamford. It's a prime opportunity for a company to be in one of the strongest value spaces, boasting tons of character, within walking distance of downtown and the train station."

For further information, please visit our website: https://www.choycepeterson.com/property/953-washington-boulevard-stamford

About Overseas Development Corporation

Overseas Development Corporation (ODC) has been a leading international trading and business consultancy company since its establishment in 1956 in USA. Its founder and Chairman, Mr. Attila Turkkan, was a successful businessman with an impeccable business track record.

Since its foundation, ODC has been involved in extensive international trading and business activities, ranging from import and export of commodities to implementation of complex projects. Extensive international experience and resources, coupled with commitment to its clients, are the hallmark of ODC's reputation in the business sectors ODC currently operates: Specialty Metals, Defense, Construction, Renewable Energy and Agriculture sectors.

About Choyce Peterson, Inc.

Choyce Peterson, Inc., a full service commercial real estate brokerage with offices in Norwalk, CT and Rye Brook, NY, was founded in 1997 and has negotiated millions of square feet of transactions in 42 states and Canada. The Choyce Peterson process delivers comprehensive and creative real estate solutions to ensure clients derive maximum value from their real estate decisions.

Learn more: http://www.choycepeterson.com/

Choyce Peterson, Inc., a commercial real estate brokerage firm, announced that Overseas Development Corporation has appointed Choyce Peterson, Inc. as the exclusive listing agent representing its building at 953 Washington Boulevard in Stamford, CT.

Related link: https://www.choycepeterson.com/

Bank Street Group Relocates Headquarters to One Star Point, 333 Ludlow Street, Stamford, CT – Choyce Peterson Negotiates Transaction

NORWALK, Conn. /ScoopCloud/ -- Choyce Peterson, Inc. (www.choycepeterson.com), a full-service commercial real estate brokerage firm announced the successful conclusion of sublease negotiations on behalf of Bank Street Group (www.bankstreet.com), a global boutique investment bank headquartered in Stamford, CT, relocating to One Star Point, 333 Ludlow Street, in Stamford, CT. Choyce Peterson Principal John Hannigan and Vice President Adam Cognetta represented Bank Street Group in this transaction.

Knowing their company's office lease was due to expire, the senior management of Bank Street Group appointed Hannigan and Cognetta as their exclusive agent after learning about Choyce Peterson's successful commercial real estate tenant representation expertise. Hannigan and Cognetta then completed a needs assessment for Bank Street Group and conducted a search throughout the Stamford market that aligned with their criteria.

After surveying the market, Hannigan and Cognetta led multiple building tours in Stamford, and subsequently solicited proposals from several landlords competing for Bank Street Group's tenancy. Ultimately, Bank Street Group focused on a sublease opportunity at One Star Point. This space was recently built-out and matched Bank Street Group's needs. Hannigan and Cognetta expertly negotiated the terms of the long-term sublease. The Bank Street Group team appreciated that this building offers best-in-class amenities including a fitness center, newly renovated cafeteria and lobby area, outdoor seating on the marina, a private shuttle to the Stamford Train Station, and a trolley to downtown Stamford. Most importantly, One Star Point is conveniently located less than 1 mile from both I-95 (Exit 7) and the Stamford Train Station.

Hannigan commented, "We're pleased to have represented Bank Street Group for their headquarters relocation. It's our opinion tenants should always have professional representation when negotiating office space lease terms, which is such a significant line item on a firm's P&L. We identified an excellent office space and negotiated very favorable business and finance terms on behalf of Bank Street Group."

Bank Street Group's Richard Lukaj responded, "Although we haven't used a broker for past lease negotiations, after speaking with John and Adam we were convinced that we would benefit from their expertise in finding a new home for the firm headquarters, with a layout that fits our needs. John and Adam were very patient with us and did an excellent job in leading us through our search and in negotiating a lease that satisfied our expectations."

The sublandlord was represented by Managing Director Adam Klimek of Cushman & Wakefield. The landlord of One Star Point is Building & Land Technology.

About Bank Street Group

Bank Street provides insightful and objective advice to help our corporate and institutional clients achieve their financial and strategic goals. We are a private investment banking firm primarily serving growth companies in the communications, internet, media and technology sectors with a comprehensive array of services, including Merger & Acquisition Advisory, Debt and Equity Financing, and Restructuring Advisory. Our senior professionals leverage a combination of extensive transaction experience and deep industry expertise to deliver outstanding results for our clients around the globe.

About Choyce Peterson, Inc.

Choyce Peterson, Inc., a full service commercial real estate brokerage firm with offices in Norwalk, CT and Rye Brook, NY, was founded in 1997 and has negotiated millions of square feet of transactions in 42 states and Canada. The Choyce Peterson process delivers comprehensive and creative real estate solutions to ensure clients derive maximum value from their real estate decisions.

Learn more: https://www.choycepeterson.com

Choyce Peterson, Inc., a full-service commercial real estate brokerage firm announced the successful conclusion of sublease negotiations on behalf of Bank Street Group (www.bankstreet.com), a global boutique investment bank headquartered in Stamford, CT, relocating to One Star Point.

Related link: https://www.choycepeterson.com/

Choyce Peterson Hires Scott J. Lipow as Senior Associate

NORWALK, Conn. /ScoopCloud/ -- Choyce Peterson, Inc. (www.choycepeterson.com), a full service commercial real estate brokerage firm, announced that Scott J. Lipow has joined the brokerage team as Senior Associate. Lipow will join Choyce Peterson's Capital Markets team, focusing on investment opportunities throughout Fairfield and Westchester Counties. Lipow delivers expertise to the firm's clients in asset acquisitions and dispositions, property valuation and market analysis. Lipow also represents both landlords and tenants in connection with leasing transactions.

Lipow brings 10 years of experience as the founder and operator of Six7 Marketing. After earning his MBA from Emory University, Lipow worked with a range of different businesses across the area, while establishing a deep network of relationships and an unmatched understanding of the local market. Lipow is a lifelong resident of Fairfield and is the proud founder of the Fairfield Fierce Basketball Club, a youth basketball organization that serves hundreds of families from around the area each year.

"We are pleased to have Scott join our growing team," said Scott C. Peterson, Vice President at Choyce Peterson. "He brings a wealth of entrepreneurial business experience to our firm, and we are excited for him to harness these talents within our Capital Markets initiative."

Alan R. Peterson, principal and co-founder of Choyce Peterson added, "Scott's business background and community outreach skills make him an excellent addition to Choyce Peterson. We look forward to growing the investment sales side of our firm with him on the team."

For further information, please visit our website: https://www.choycepeterson.com/

About Choyce Peterson, Inc.

Choyce Peterson, Inc., a full service commercial real estate brokerage with offices in Norwalk, CT and Rye Brook, NY, was founded in 1997 and has negotiated millions of square feet of transactions in 42 states and Canada. The Choyce Peterson process delivers comprehensive and creative real estate solutions to ensure clients derive maximum value from their real estate decisions.

Learn more at: https://www.choycepeterson.com/

Choyce Peterson, Inc., a full service commercial real estate brokerage firm, announced that Scott J. Lipow has joined the brokerage team as Senior Associate. Lipow will join Choyce Peterson's Capital Markets team, focusing on investment opportunities throughout Fairfield and Westchester Counties.

Related link: https://www.choycepeterson.com/

Full or Partial Floor Office for Sublease at 400 Atlantic Street in Stamford, CT Represented by Choyce Peterson

NORWALK, Conn. /ScoopCloud/ -- Choyce Peterson, Inc. (www.choycepeterson.com), a full-service commercial real estate brokerage and consulting firm, announced they are exclusively representing a full floor sublease measuring 36,782 square feet (SF) at 400 Atlantic Street in Stamford, CT. Choyce Peterson Vice President Adam Cognetta and Principal John Hannigan comprise the brokerage team.

400 Atlantic Street is a stand-alone office building in the heart of downtown Stamford, conveniently located 0.3 miles from Exit 7 of I-95, and less than a 10-minute walk from the Stamford Train Station. This LEED GOLD and Energy Star certified building offers tenants covered parking, a fitness facility, and a full-service café. Additional features include on-site property management and full-time security.

This space can be easily subdivided to a half floor of approximately 18,391 SF, or it can be taken as an entire floor of 36,782 SF. The 11th floor location offers panoramic views of the city and Long Island Sound. This newly built-out, modern space has eight offices/conference rooms, as well as a large open area for workstations. In addition, there is an expansive private kitchen/breakroom. High-end furniture and fixtures can be made available upon request. The sublease term is through late 2026.

Cognetta commented, "We are pleased to represent an exceptional office space within a quality office building in the heart of downtown. This availability offers a flexible layout that can accommodate almost any type of office user. Given its convenient location to both I-95 and the Stamford Train Station, this suite represents the perfect turnkey solution for any company looking to relocate to a class A building in Stamford."

For further information, please visit our website: https://www.choycepeterson.com/property/400-atlantic-street-stamford-ct

About Choyce Peterson, Inc.

Choyce Peterson, Inc., a full service commercial real estate brokerage firm with offices in Norwalk, CT and Rye Brook, NY, was founded in 1997 and has negotiated millions of square feet of transactions in 42 states and Canada. The Choyce Peterson process delivers comprehensive and creative real estate solutions to ensure clients derive maximum value from their real estate decisions. http://www.choycepeterson.com/

Choyce Peterson, Inc., a full-service commercial real estate brokerage and consulting firm, announced they are exclusively representing a full floor sublease measuring 36,782 square feet (SF) at 400 Atlantic Street in Stamford, CT. Choyce Peterson Vice President Adam Cognetta and Principal John Hannigan comprise the brokerage team.

Related link: https://www.choycepeterson.com/

The Chelsea Groton Foundation Passes $5 Million in Giving Since Founding – Following Approval of $255K in Grants During Fall Giving Cycle

GROTON, Conn. /ScoopCloud/ -- This fall, the Chelsea Groton Foundation provided $255,827 to 45 non-profit organizations from Connecticut and Rhode Island. The Foundation has given over $500,000 in grants in 2021 alone, and over $5 million to the community since its founding.

Supporting organizations that provide Health and Human Services is always a priority of the Chelsea Groton Foundation. In anticipation of the winter months ahead, the Foundation awarded $10,000 grants to the Gemma E. Moran United Way / Labor Food Center (food program), Furniture Bank of S.E. CT (beds), Martin House in Norwich (food program), New London Homeless Hospitality Center (program support), and St. Vincent de Paul Place in Norwich (food program).

The Foundation was also able to support organizations in need of capital funding necessary to maintain operations. A commitment of $10,000 over two years was made to Norwich Free Academy for a roof replacement, and $5,000 over two years was awarded to Thames River Heritage Park for a new boat.

Norwich Community Development Corporation (NCDC) received a $50,000 grant for Global City Norwich, bringing the Foundation's total commitment to $400,000 since the initiative launched in 2017.

"When the Chelsea Groton Foundation was formed over 20 years ago, it was created with the intention of giving to organizations that support basic human needs - hunger, homelessness and healthcare - as well as those that provide education, economic growth, arts and cultural experiences, and youth activities. The $5 million in grants that we've been able to distribute over the years have helped our neighbors and enriched our local community in countless ways," shared Michael Rauh, President and CEO of Chelsea Groton Bank, and President of the Chelsea Groton Foundation. "We're so proud to be able to support so many worthy organizations again this year, to lend support during the challenging economic times brought on by the pandemic and as we work to recover together."

The Foundation typically reviews applications and awards grants two times per year. Organizations who support critical needs are invited to apply for additional funding this year if needed, through the application on the Bank's website, http://www.chelseagroton.com/CGFoundation.

In 2020, Chelsea Groton Bank and the Chelsea Groton Foundation gave a record $1 million to the community in the wake of the pandemic. Each year, the Bank and Foundation support more than 300 local organizations through monetary gifts, grants, sponsorships, scholarships and employee volunteerism. More information, including a list of all fall grant recipients, is available at http://www.chelseagroton.com/CGFoundation.

About the Chelsea Groton Foundation

The Chelsea Groton Foundation was formed in June 1998 as a Section 501(c)(3) organization. Initially endowed with a $2 million donation from Chelsea Groton Bank, the Foundation has, to date, awarded over $5 million in grants to hundreds of scientific, educational and charitable organizations located within the Bank's market area. To learn more, visit: chelseagroton.com/CGFoundation.

About Chelsea Groton Bank

Based in Groton, Connecticut, Chelsea Groton Bank is a full-service mutually owned bank with over $1.6 billion in assets. Chelsea Groton Bank's products and services include consumer banking, business banking, mortgage and business lending, cash management, financial planning and financial education programming. With 14 branch locations throughout New London County and a Loan Production Office in Hartford County, Chelsea Groton Bank also provides online and mobile banking, 24-hour telephone banking, and nationwide ATM banking for individuals, families and businesses. To learn more, please visit http://chelseagroton.com/. Member FDIC. Equal Housing Lender. NMLS Institution ID 402928.

This fall, the Chelsea Groton Foundation provided $255,827 to 45 non-profit organizations from Connecticut and Rhode Island. The Foundation has given over $500,000 in grants in 2021 alone, and over $5 million to the community since its founding.

Related link: https://www.chelseagroton.com/

Parker Medical Relocates Headquarters to 88,000 Square Feet at 43 Old Ridgebury Road in Danbury, CT

NORWALK, Conn. /ScoopCloud/ -- Choyce Peterson, Inc. (www.choycepeterson.com), a full-service commercial real estate brokerage firm, announced the successful conclusion of lease negotiations on behalf of Parker Medical, Inc. (www.parkermed.com) and the relocation of their headquarters office and assembly/warehouse operations from Bridgewater, CT and various other locations throughout the country to 43 Old Ridgebury Road in Danbury, an 88,000 square foot (SF) building. Choyce Peterson Principal John Hannigan represented Parker Medical in this transaction.

When Parker Medical was ready to consolidate their headquarters and x-ray imaging component and subsystem businesses in the southwestern area of the state, they appointed Hannigan as their exclusive broker to handle the search for space and the negotiation of the financial and business terms of their lease. They explained that they were seeking a building with first-rate office space and an attractive front entrance, as well as warehouse and assembly space with a high ceiling and loading docks. In addition, Parker Medical required abundant parking, as well as a fully air-conditioned building.

After touring buildings in Westchester County, New York, and in Brookfield, Danbury, Shelton & Trumbull in Connecticut, and soliciting proposals from numerous landlords, Parker Medical decided on 43 Old Ridgebury Road. This free-standing building had existing conditions which would only require minimal modifications for Parker Medical's use, and exterior building signage. It also presented an ideal location just a 1/2 mile from I-84 and within 5 miles of I-684.

Hannigan commented, "We negotiated a favorable lease that will enable Parker Medical to consolidate the various aspects of their business into one building. We were thrilled to find a building with a space solution to improve efficiency and collaboration during their assembly processes and their executive office functions and negotiate favorable terms of their lease."

Tim Holland, Vice President, Engineering stated, "It was a pleasure to work with John in seeking a new headquarters location for our company. We began the process with many ideas and issues that needed to be addressed. John led us through a thorough site search, which resulted in finding the perfect solution. We are excited to bring our company to the next level with a clean, modernized, and efficient workspace."

Parker Medical celebrated the launch of their new facility with a ribbon cutting ceremony with Danbury Mayor Joe Cavo, Danbury Mayor Chief of Staff Dean Esposito, CT State Representative 138th District Ken Gucker, Danbury Chamber of Commerce President & CEO P.J. Murphy, Danbury Business Advocacy Director Roger Palanzo, and Danbury Police Department Sgt. Jim Antonelli in attendance. The ribbon cutting was followed with an employee party in recognition of their dedication and contribution throughout Parker Medical's 37-year history. The day also celebrated Parker Medical founder Bill Holland's legacy and significant contribution to the x-ray imaging industry.

The landlord, Fairway Asset Management, was represented by Jones Lang LaSalle Executive Vice President Ian Ceppos and Managing Director Al Gutierrez.

About Parker Medical, Inc.

Founded in 1984, Parker Medical, Inc. designs, develops and manufactures high voltage x-ray imaging components and subsystems. Parker Medical is a global leader in this niche market for the medical, industrial, scientific, and homeland security industries. Parker Medical customers range from leading OEM's, parts distributors and hospital sourcing consortiums to prestigious research universities and government agencies.

About Choyce Peterson, Inc.

Choyce Peterson, Inc., a full service commercial real estate brokerage with offices in Norwalk, CT and Rye Brook, NY, was founded in 1997 and has negotiated millions of square feet of transactions in 42 states and Canada. The Choyce Peterson process delivers comprehensive and creative real estate solutions to ensure clients derive maximum value from their real estate decisions.

Learn More: https://www.choycepeterson.com/

Choyce Peterson, Inc., a full-service commercial real estate brokerage firm, announced the successful conclusion of lease negotiations on behalf of Parker Medical, Inc. and the relocation of their headquarters office and assembly / warehouse operations to 43 Old Ridgebury Road in Danbury, CT.

Related link: https://www.choycepeterson.com/

Promontory MortgagePath Founder and CEO Eugene Ludwig honored as top technology executive by Northern Virginia Technology Council

DANBURY, Conn. /ScoopCloud/ -- Promontory MortgagePath LLC, a leading provider of comprehensive digital mortgage and fulfillment solutions, announced today its Founder and CEO Gene Ludwig was named one of the top technology executives by the Northern Virginia Technology Council (NVTC) as part of its annual NVTC Tech 100 awards. Ludwig was recognized for his career-long efforts to address economic inequality through improved access to technology and a more fulsome understanding of the economic realities facing Americans today.

"While our nation continues to adapt to our new normal of living during a global pandemic, I am pleased that Virginia continues to be a leading tech hub of flourishing businesses and career opportunities. I am proud to announce that Gene Ludwig is a 2021 NVTC Tech 100 honoree. He is a key contributor to making our region a vibrant and inclusive place to live, work and learn," said Jennifer Taylor, president and CEO of NVTC.

Under Ludwig's direction, Promontory MortgagePath announced an initiative in October 2020 to support minority depository institutions (MDIs) and community development financial institutions (CDFIs) efforts to help these institutions overcome the steep barriers to entry in providing mortgages and expand access to credit and homeownership in underserved communities. While still in the early stages of rollout, Promontory MortgagePath's MDI initiative has already yielded significant results for its initial participants, with one institution on target to expand its mortgage operations into four additional markets within the first year of launch.

"I'm honored to be included in the NVTC Tech 100," Ludwig said. "Improving access to financial resources for all Americans has been one of the driving forces of my career, and in today's digitally driven environment, technology has become the great equalizer in addressing the economic disparities that have plagued underserved communities, particularly those of color."

As managing partner of venture capital firm Canapi Ventures, Ludwig guides the firm's strategic investment in early to growth-stage fintech companies with the ultimate goal of giving local bankers access to the most innovative technologies available today to improve the delivery of financial services to their communities.

In 2019, Gene founded the Ludwig Institute for Shared Economic Prosperity (LISEP). Its research includes new economic indicators for both unemployment, issued monthly, and earnings, issued quarterly. These statistics aim to provide policymakers and the public with a more transparent view into the economic situation of all Americans as compared with traditionally relied upon metrics. LISEP also seeks to guide and support policy initiatives that increase opportunities for struggling Americans.

"By providing a more realistic view of Americans' economic struggles, we can be more surgical and specific in the solutions we apply to address those challenges," Ludwig added.

Per the NVTC's announcement regarding the awards, "This year's program attracted 130 nominations across three award categories: Company, Executive and NextGen Leader...The final NVTC Tech 100 Award list comprises 64 tech companies, 33 executives, and three emerging leaders - each consistently demonstrating dedication, vision and innovation."

Honorees will be celebrated at the event on December 8, 2021, at The Ritz-Carlton, Tysons Corner. To view the full list of this year's honorees, visit https://www.nvtc.org/NVTC/News/News_Articles/NVTC_Announces_the_2021_Tech_100_Honorees.aspx.

About the Northern Virginia Technology Council

The Northern Virginia Technology Council (NVTC) is the trade association representing the national capital region's technology community. As one of the nation's largest technology councils, NVTC serves companies from all sectors of the industry, from small businesses and startups to Fortune 100 technology companies, as well as service providers, academic institutions, and nonprofit organizations. Nearly 500 entities make up the NVTC membership and look to the organization as a resource for networking and educational opportunities, peer-to-peer communities, policy advocacy, industry promotion, fostering of strategic relationships, and branding of the region as a major global technology center. Visit NVTC at http://www.nvtc.org.

About Promontory MortgagePath LLC | NMLS ID 1532373

Promontory MortgagePath is a fast-growing team of passionate problem solvers on a mission to fundamentally change the way lenders approach their mortgage business. The company combines an intuitive, collaborative digital mortgage platform with modern, comprehensive fulfillment services, giving lenders the progressive technology and scalability required to profitably compete in today's rapidly changing residential mortgage market. Promontory MortgagePath's founder, former U.S. Comptroller of the Currency Gene Ludwig, is widely recognized as a visionary thinker on the critical issues confronting financial services, and his companies are renowned for helping community lenders resolve their most pressing challenges. To learn more, visit https://www.mortgagepath.com.

Promontory MortgagePath LLC, a leading provider of comprehensive digital mortgage and fulfillment solutions, announced today its Founder and CEO Gene Ludwig was named one of the top technology executives by the Northern Virginia Technology Council (NVTC) as part of its annual NVTC Tech 100 awards.

Related link: https://www.mortgagepath.com/

Choyce Peterson to Represent Seven Properties Totaling 160,000 Square Feet in Stamford and Norwalk, CT

NORWALK, Conn. /ScoopCloud/ -- Choyce Peterson, Inc. (choycepeterson.com), a full-service commercial real estate brokerage firm, announced they are exclusively representing seven properties totaling approximately 160,000 square feet (SF) of space in Stamford and Norwalk, CT. Choyce Peterson Vice President Adam Cognetta is leading the brokerage team.

The properties offer a combination of office, warehouse/flex, medical and retail spaces as follows:

165 Bedford Street | Stamford | 2,500 SF office space available

84 Wall Street | Norwalk | 35,000 SF retail space available

104 Wall Street | Norwalk | 9,500 SF retail space available

73-75 Main Street | Norwalk | 1,548 SF retail space available

48 Westport Avenue | Norwalk | 3,194 SF retail/office space available

606-608 West Avenue | Norwalk | 5,654 SF retail/office/medical space available

61 Smith Street | Norwalk | 8,150 SF industrial/storage space available

Each building benefits from high visibility and good access along major roadways. The real estate management company is based locally and looks after an extensive portfolio of commercial and residential properties throughout Connecticut and Florida.

Cognetta commented, "We're excited to forge a partnership with a strong, committed owner and put some energy and ingenuity into marketing this eclectic mix of quality buildings. With great accessibility in well-trafficked areas across a variety of available suites, we are confident that we can find a fit for any type of retail, medical, office or industrial business looking to relocate within these areas."

For further information on the available suites, please visit our website: https://www.choycepeterson.com/properties-for-lease

About SCG Commercial Real Estate

SCG Commercial Real Estate is a privately owned real estate management company founded in 2001. Our focus has been to provide premier commercial space and services to our tenants. SCG Commercial Real Estate's property portfolio consists of shopping centers, restaurants, retail, office space, medical facilities, and residential apartment buildings.

About Choyce Peterson

Choyce Peterson, Inc., a full service commercial real estate brokerage with offices in Norwalk, CT and Rye Brook, NY, was founded in 1997 and has negotiated millions of square feet of transactions in 42 states and Canada. The Choyce Peterson process delivers comprehensive and creative real estate solutions to ensure clients derive maximum value from their real estate decisions.

Learn more at: https://www.choycepeterson.com/

Choyce Peterson, Inc. (choycepeterson.com), a full-service commercial real estate brokerage firm, announced they are exclusively representing seven properties totaling approximately 160,000 square feet (SF) of space in Stamford and Norwalk, CT. Choyce Peterson Vice President Adam Cognetta is leading the brokerage team.

Related link: https://www.choycepeterson.com/

Promontory MortgagePath Promotes Dean McCall into its C-Suite as Chief Information Officer

DANBURY, Conn. /ScoopCloud/ -- Promontory MortgagePath LLC, a leading provider of comprehensive digital mortgage and fulfillment solutions, announced today it has promoted Dean McCall from managing director of development operations and data to chief information officer (CIO).

"Dean's industry experience in data management and information coupled with his five-year tenure at Promontory MortgagePath make him the perfect candidate for our CIO role," said Gene Ludwig, founder and CEO at Promontory MortgagePath. "He brings an executive-level engineering and information technology focus to the important CIO position. He will help us continue to grow and constantly improve upon our technology so we can exceed our clients' expectations."

As CIO, McCall will affect broad decision-making beyond technology and into strategic positioning, Promontory MortgagePath's client service model and other company initiatives. McCall's expertise in cloud infrastructure blueprints, data architecture and the mortgage industry has been instrumental to Promontory MortgagePath's growth and success. Prior to joining the organization in 2015, McCall worked in engineering, technology consultation and warehouse architecture with Oracle, Aurora Loan Services and Redwood Trust. McCall was also recognized by industry trade publication HousingWire in its 2021 Insiders awards program.

"Over the last year, Promontory MortgagePath has strategically aligned its internal structure to address and prepare for anticipated growth, from sales and fulfillment teams to management structures," said Debora Aydelotte, chief operating officer at Promontory MortgagePath. "As managing director of development operations and data, Dean played a critical role in the success of that realignment. We're all delighted to observe Dean's growth within the company and welcome him into this new position."

About Promontory MortgagePath LLC | NMLS ID 1532373

Promontory MortgagePath is a fast-growing team of passionate problem solvers on a mission to fundamentally change the way lenders approach their mortgage business. The company combines an intuitive, collaborative digital mortgage platform with modern, comprehensive fulfillment services, giving lenders the progressive technology and scalability required to profitably compete in today's rapidly changing residential mortgage market. Promontory MortgagePath's founder, former U.S. Comptroller of the Currency Gene Ludwig, is widely recognized as a visionary thinker on the critical issues confronting financial services, and his companies are renowned for helping community lenders resolve their most pressing challenges.

To learn more, visit https://www.mortgagepath.com.

Promontory MortgagePath LLC, a leading provider of comprehensive digital mortgage and fulfillment solutions, announced today it has promoted Dean McCall from managing director of development operations and data to chief information officer (CIO).

Related link: https://www.mortgagepath.com/

Fintech provider Promontory MortgagePath’s digital mortgage and fulfillment solutions receive renewed ABA endorsement

DANBURY, Conn. /ScoopCloud/ -- Leading digital mortgage and fulfillment solutions provider Promontory MortgagePath LLC announced the renewal of its product endorsement by the American Bankers Association (ABA). Promontory MortgagePath combines extensive mortgage operations and compliance expertise with industry-leading mortgage technology to provide efficient, cost-effective mortgage processing and fulfillment services to lenders of all sizes. ABA's endorsement, dating back to 2018, recognizes Promontory MortgagePath's tech-enabled fulfillment solutions for their ability to help its members reduce mortgage origination costs while allowing them to retain a full mortgage product suite.

The endorsement and subsequent renewal are a result of ABA's thorough and ongoing due diligence process, which identifies proven, reliable solutions while saving banks time and money. When deciding whether to endorse a product, ABA engages with bank leaders to identify gaps in their current offerings and opportunities to expand services, works with industry-specific consultants and enlists ABA staff experts to guide the Request for Proposal (RFP) process and validate the research with bankers. ABA is also committed to reviewing each Endorsed Service Provider to ensure it is still providing a valuable service to ABA members and their customers.

"With Promontory MortgagePath's solution, banks can leverage their strong brand and local market knowledge while deploying a digital platform and comprehensive fulfillment services," said ABA Chief Member Engagement Officer James Edrington. "It's a 'pay-as-you-go' model, which boosts profitability and efficiency, and ABA members enjoy an exclusive 10% discount. In a recent monthly billing cycle, one ABA member alone saved $3,820."

"We've enjoyed tremendous growth in 2021, and our strategic relationship with ABA is a key contributor," said Paul C. Katz, managing director of bank relations at Promontory MortgagePath. "This momentum stems from helping our clients win in an intensely competitive mortgage marketplace with innovative tech, expansive product options and the agility to adapt to changing economic conditions. The loan is always originated and closed in the client's name, which maximizes profitability while maintaining a high-touch customer experience."

To meet ABA's standards for endorsement, a company must offer reliability, sustainability, validity, sound risk management, outstanding data and information security and rigorous quality and customer service standards. The initial due diligence process lasts six to nine months and includes analysis by industry experts and validation by bankers. In addition to the ongoing due diligence and annual reviews, ABA also publishes a due diligence report on each ABA Endorsed Provider, which includes insights gained during the due diligence process. These reports are available free of charge to ABA members.

Key features and benefits of Promontory MortgagePath's digital mortgage and fulfillment solution include:

* The proprietary point-of-sale (POS) Borrower Wallet(r), which automates document collection, provides a secure digital portal to collect and store important loan documents and delivers a transparent process to the borrower with real-time status updates;
* Fulfillment models designed to support community banks' varying origination needs;
* Milestone pricing that explicitly aligns costs with services rendered throughout the loan process;
* An in-house compliance team to ensure clients' origination activities are being executed to the highest and best mortgage compliance standards possible; and
* Access to an extensive investor network and support for existing investor relationships, resulting in increased profitability.

About Promontory MortgagePath LLC | NMLS ID 1532373

Promontory MortgagePath is a fast-growing team of passionate problem solvers on a mission to fundamentally change the way lenders approach their mortgage business. The company combines an intuitive, collaborative digital mortgage platform with modern, comprehensive fulfillment services, giving lenders the progressive technology and scalability required to profitably compete in today's rapidly changing residential mortgage market. Promontory MortgagePath's founder, former U.S. Comptroller of the Currency Gene Ludwig, is widely recognized as a visionary thinker on the critical issues confronting financial services, and his companies are renowned for helping community lenders resolve their most pressing challenges. To learn more, visit https://www.mortgagepath.com.

About American Bankers Association

The American Bankers Association is the voice of the nation's $22.8 trillion banking industry, which is composed of small, regional and large banks that together employ more than 2 million people, safeguard nearly $19 trillion in deposits and extend $11 trillion in loans.

Leading digital mortgage and fulfillment solutions provider Promontory MortgagePath LLC announced the renewal of its product endorsement by the American Bankers Association (ABA). Promontory MortgagePath combines extensive mortgage operations and compliance expertise with industry-leading mortgage technology to provide efficient, cost-effective mortgage processing and fulfillment services to lenders of all sizes.

Related link: https://www.mortgagepath.com/

Mortgage Professional America honors multiple Promontory MortgagePath employees

DANBURY, Conn. /ScoopCloud/ -- Leading digital mortgage and fulfillment solutions provider Promontory MortgagePath LLC announced trade publication Mortgage Professional America (MPA) has recently recognized several of its employees. Chief Administrative Officer Bryan DeShasier was named a 2021 Housing Industry Icon by MPA in October, and Manager, Project Management Office Darcey O'Neill and Director of Backend Engineering Kevin Wheeler were both featured in MPA's 2021 Rising Star awards program, announced today.

"At Promontory MortgagePath, our people are as integral to our clients' success as our process, and these three individuals provide ample evidence to support that fact," said Debora Aydelotte, chief operating officer at Promontory MortgagePath. "It has been a pleasure to watch these talented professionals flourish, and on behalf of the entire company, I want to extend my congratulations to Bryan, Darcey and Kevin on these well-deserved recognitions."

MPA Housing Industry Icon Bryan DeShasier has been an integral part of Promontory MortgagePath from its inception. In addition to his involvement in the development of Promontory MortgagePath's proprietary point-of-sale technology Borrower Wallet(r) and the launch of its end-to-end mortgage origination and fulfillment platform Transform, DeShasier played a key role in the company's initiative supporting community development financial institutions (CDFIs) and minority depository institutions' (MDIs) efforts to expand access to credit and homeownership in underserved communities. Most recently, he helped facilitate the expansion of Promontory MortgagePath's investor network to provide a wide range of investor options and relationships in support of its community lending clients' secondary market efforts.

The MPA Rising Star award seeks to honor up-and-coming professionals in the mortgage and housing industry. Darcey O'Neill joined Promontory MortgagePath in 2018 as an Implementation Analyst and quickly rose through the ranks, recently being promoted to Manager, Project Management Office.. From optimizing the functions of the sales and technology teams to refining communications with clientele, O'Neill's internal process improvement efforts have a direct impact not only on client onboarding and service delivery but also on clients' origination efforts. She also managed the company's implementation of ComplianceEase, which resulted in a more timely and automated quality check for disclosures, saving time in Compliance and Fulfillment.

In a similar feat, Kevin Wheeler's software engineering acumen has enabled Promontory MortgagePath to yield greater efficiencies in its fulfillment processes and improve the user experience. His efforts have included overseeing enhancements to Promontory MortgagePath's pre-qualification letter templates to better suit the needs of lenders and borrowers and helping to implement the new URLA form within Promontory MortgagePath's tech stack. Most recently, he led the team responsible for the development of enhancements to Promontory MortgagePath's Conversation Log messaging tool to streamline communication and the transfer of information between clients' loan officers and Promontory MortgagePath's processors.

To view the full list of 2021 MPA Housing Industry Icons or Rising Stars, visit: www.mpamag.com

About Promontory MortgagePath LLC | NMLS ID 1532373

Promontory MortgagePath is a fast-growing team of passionate problem solvers on a mission to fundamentally change the way lenders approach their mortgage business. The company combines an intuitive, collaborative digital mortgage platform with modern, comprehensive fulfillment services, giving lenders the progressive technology and scalability required to profitably compete in today's rapidly changing residential mortgage market. Promontory MortgagePath's founder, former U.S. Comptroller of the Currency Gene Ludwig, is widely recognized as a visionary thinker on the critical issues confronting financial services, and his companies are renowned for helping community lenders resolve their most pressing challenges. To learn more, visit https://www.mortgagepath.com.

About Mortgage Professional America

A publication of Key Media, Mortgage Professional America (MPA) delivers news, opinion and analysis to mortgage, real estate and finance industry professionals through its bi-monthly magazine and daily email newsletter. For more information, visit http://www.mpamag.com/.

Leading digital mortgage and fulfillment solutions provider Promontory MortgagePath LLC announced trade publication Mortgage Professional America (MPA) has recently recognized several of its employees. Chief Administrative Officer Bryan DeShasier was named a 2021 Housing Industry Icon by MPA in October, and Manager, Project Management Office Darcey O'Neill and Director of Backend Engineering Kevin Wheeler were both featured in MPA's 2021 Rising Star awards program, announced today.

Related link: https://www.mortgagepath.com/

Renaissance Capital Relocates Headquarters to Stamford, CT: Choyce Peterson Negotiates Long-Term Lease

NORWALK, Conn. /ScoopCloud/ -- Choyce Peterson, Inc. (www.choycepeterson.com), a full-service commercial real estate brokerage, recently announced the successful conclusion of lease negotiations on behalf of Renaissance Capital (www.renaissancecapital.com), a global leader in providing pre-IPO institutional research and management of IPO-focused investment products, for a new 2,931 SF headquarters office at First Stamford Place in Stamford, CT. Choyce Peterson Principal John Hannigan and Associate Casey McKnight represented Renaissance Capital in this transaction.

When Renaissance Capital's headquarters lease in Greenwich was set to expire, Bill Smith, President of Renaissance Capital, reached out to Choyce Peterson. Hannigan and the Choyce Peterson team had previously led Renaissance Capital through multiple real estate transactions, including negotiation of their Greenwich lease in 2011. Smith sought to relocate their headquarters to a high-quality building with easy access to I-95 and Metro-North in lower Fairfield County. Additionally, he sought a custom build-out in an office complex with a complete set of high-end amenities to offer his employees.

After touring multiple buildings throughout Greenwich and Stamford, Choyce Peterson solicited proposals from numerous landlords. Ultimately, Smith and his team decided on Stamford's First Stamford Place, and Hannigan and McKnight expertly negotiated a new lease with the landlord, Empire State Realty Trust (ESRT). The three-building First Stamford Place office complex was recently renovated and upgraded and offers its tenants a first-class amenity package with secured covered parking, shuttle to the Stamford Metro-North train station, full-service grille, dining and coffee lounge, fitness center with classes, on-site daycare, and a building conference room and concierge service.

Tenants benefit from the complex's ideal location at I-95's Exit 7 a quarter mile from the Metro-North station, as well as ESRT's industry-leading indoor environmental quality measures that include MERV 13 filters, active bi-polar ionization and increased air filtration for a confident return to office.

Hannigan commented, "We're honored to once again represent Renaissance Capital, an industry titan in the pre-IPO research market and IPO Exchange Traded Funds (NYSE symbol: IPO), for their headquarters relocation. After a thorough search of the market, our proposal negotiations gave the Renaissance Capital team the confidence that a relocation to First Stamford Place was the perfect solution to their office space needs. We appreciated ESRT's partnership during the proposal process."

Smith concluded, "We're so glad to once again work with John and the Choyce Peterson team on this important relocation of our headquarters office. We were unsure if relocating to a different city would work for our company, but John and Casey made the process seamless with their exhaustive research of the local markets and on-point negotiations with ESRT. We're excited to grow our business in Stamford and look forward to establishing new roots for our firm."

The landlord's team on this leasing transaction included Torey Walsh of Newmark Grubb Knight Frank, and Jeff Newman and Kimberly Zaccagnino Perna of Empire State Realty Trust.

About Renaissance Capital

Newly public companies can be great investments, but It's nearly impossible to stay on top of the IPO market. At Renaissance Capital, our team of analysts provide market-leading research and investment products so you can separate the good from the bad and profit from the IPO market.

For over 30 years, Renaissance Capital has been the global leader in researching and trading of IPOs. They offer two NYSE-listed Exchange Trade Funds with over $700 million of assets: the Renaissance IPO ETF (symbol "IPO") and the Renaissance International IPO ETF (symbol "IPOS").

It is the global leader in providing Pre-IPO research for institutional investors. For individual investors it manages the IPO Pro platform, the most comprehensive source for IPO information, easily accessed in one platform.

About Choyce Peterson

Choyce Peterson, Inc., a full service commercial real estate brokerage with offices in Norwalk, CT and Rye Brook, NY, was founded in 1997 and has negotiated millions of square feet of transactions in 42 states and Canada. The Choyce Peterson process delivers comprehensive and creative real estate solutions to ensure clients derive maximum value from their real estate decisions. Learn more at: http://www.choycepeterson.com/.

Choyce Peterson, Inc. , a full-service commercial real estate brokerage, recently announced the successful conclusion of lease negotiations on behalf of Renaissance Capital, a global leader in providing pre-IPO institutional research and management of IPO-focused investment products, for a new 2,931 SF headquarters office at First Stamford Place.

Related link: https://www.choycepeterson.com/

Dawn Taylor, former President of Centricity, has joined After, Inc. as Chief Revenue Officer

NORWALK, Conn. /ScoopCloud/ -- After, Inc., the global leader in Warranty Services since 2005, just announced that Dawn Taylor will be joining the company as Chief Revenue Officer. Dawn brings more than 27 years of warranty and service contract experience, serving as President of Centricity for the last 9 years. Her background and experience will be instrumental in leading the expansion of After, Inc.'s Warranty Services business, and its newly launched QuickSuite Platform.

"I have had the pleasure of working with the After, Inc. team for many years and have been an admirer of their innovative products," said Dawn. "I am looking forward to joining a great team and continuing to grow and expand our offerings in the market."

In 2016, Dawn was named a Finalist for the Tampa Bay Business Journal's "Businesswoman of the Year" Award. She's also won a Bronze Stevie Award for "Female Executive of the Year in Consumer Services" and in 2019 was recognized as one of Dealerscope's most Powerful Women in Consumer Technology.

"I couldn't be more thrilled that Dawn agreed to join After, Inc. at this stage of our development," said Nate Baldwin, CEO of After, Inc. "Not only does Dawn know the warranty and service contract market inside and out, but her business acumen will help us drive new subscribers for our new QuickSuite(r) portfolio of products."

About After, Inc.

After, Inc. (afterinc.com) is a pioneer in the Warranty Services industry. Since 2005, After, Inc. has been partnering with some of the world's top brands to help transform their warranty businesses, driving customer satisfaction post-purchase, higher product reliability, deeper brand equity and additional revenue and profit opportunities. After just recently launched its SaaS platform, QuickSuite, with a portfolio of products to help manufacturers, retailers, and ecommerce sellers build deeper relationships with their customers and drive customer satisfaction, loyalty, and lifetime revenue after the point of sale.

Headquartered in Norwalk, Conn. and with offices in New York City, After, Inc. is part of Galway Holdings Group, a financial services distribution company. It includes EPIC Insurance Brokers & Consultants and a diversified brokerage distribution and underwriting platform, with a focus towards data analytics, technology transformation, and innovative risk sharing solutions.

Learn more at: https://www.afterinc.com/

After, Inc., the global leader in Warranty Services since 2005, just announced that Dawn Taylor will be joining the company as Chief Revenue Officer. Dawn brings more than 27 years of warranty and service contract experience, serving as President of Centricity for the last 9 years. Her background and experience will be instrumental in leading the expansion of After, Inc.'s Warranty Services business, and its newly launched QuickSuite Platform.

Related link: http://afterinc.com/

After, Inc. will launch its new QuickSuite® of products at the 12th Annual Extended Warranty and Service Contract Innovations Conference

NORWALK, Conn. /ScoopCloud/ -- After, Inc., a global leader in Warranty Services Solutions since 2005, just announced that it will be a Platinum Sponsor of the 12th Annual Extended Warranty and Service Contract Innovations Conference. The conference, which brings together companies across auto, appliance, mobile, electronics, home, and industrial equipment industries to discuss the latest trends and insights in extended warranty and service contracts, offers the ideal backdrop to unveil After's new QuickSuite® product portfolio.

"After, Inc. has been working with major brands for over 15 years, building and optimizing their warranty programs," says Nate Baldwin, After, Inc. CEO. "Today, we are excited to announce the launch of our new QuickSuite portfolio of products, starting with QuickReg and QuickCover, and shortly thereafter, QuickClaim, QuickInsights, and QuickRenew. All of our SaaS products work together across the customer lifecycle to help companies of all sizes manage their warranty sales and logistics processes with minimal human interaction and maximum profit potential."

The company will also lead two sessions at the conference. The first session on October 18th will be led by After's SVP of Business Development, Jon Margalit, who will discuss "Leveraging Innovative Tech to Overcome the Entry Barrier for Offering Extended Warranties." The second session on October 19 will be a panel format, moderated by Dan Hulkower, SVP, Business Development.

The panel, which includes Darius Bullock, Services Business Development Director, Pentair, and Gary Mitzner, President North American Region, Domestic and General, will share their experiences on "What a Unified Post-Sale Experience Means for Customer Satisfaction."

Learn more about QuickReg® and QuickCover® at https://www.quickreg.me/ and https://www.quickcover.me/. QuickClaim®, QuickInsights®, and QuickRenew® will launch in the latter part of Q4 2021.

About After, Inc.

After, Inc. (http://www.afterinc.com/) is a pioneer in the warranty business - providing product registration, marketing, analytics, and program administration to warranty organizations since 2005. After, Inc. partners with some of the world's top brands to help transform their warranty businesses, driving customer satisfaction post-purchase, higher product reliability, deeper brand equity and additional revenue and profit opportunities.

Headquartered in Norwalk, Connecticut, and with offices in New York City, After, Inc. is part of Galway Insurance Holdings, LP ("Galway Holdings"), a financial services distribution company that includes EPIC Insurance Brokers & Consultants and PowerGuard® Specialty Warranty, as well as a diversified brokerage distribution and underwriting platform, with a focus towards data analytics, technology transformation, and innovative risk sharing solutions.

After, Inc., a global leader in Warranty Services Solutions since 2005, just announced that it will be a Platinum Sponsor of the 12th Annual Extended Warranty and Service Contract Innovations Conference. The conference, which brings together companies across auto, appliance, mobile, electronics, home, and industrial equipment industries to discuss the latest trends and insights in extended warranty and service contracts, offers the ideal backdrop to unveil After's new QuickSuite® product portfolio.

Related link: http://afterinc.com/

Chelsea Groton Bank Named Top Workplace for 6th Straight Year – CEO Michael Rauh Recognized with Leadership Award

GROTON, Conn. /ScoopCloud/ -- Chelsea Groton Bank was recently named a Top Workplace in Connecticut for the sixth consecutive year, and Michael Rauh, the Bank's President and CEO, was presented with this year's Leadership award, both in the midsize employer category (150-499 employees).

"We've received many awards over the years, but being on the Top Workplace list during an incredibly difficult time really speaks to the resiliency and dedication of our team members. Our employees care deeply for their team, customer and community members, and focus on helping everyone accomplish their goals with a one person at a time mindset. This level of care and dedication is the reason why we were able to provide critical services to so many," shared Michael Rauh, President and CEO of Chelsea Groton Bank.

"This year we focused even more effort on ensuring inclusion and equity in every aspect of our business, and continued to provide growth, training and leadership opportunities to team members at every level. I'm also honored to be a recipient of the Leadership award, a recognition based on employee feedback, which is truly humbling and gratifying."

The annual Top Workplace Awards, sponsored regionally by the Hartford Courant, are based on the results of an employee feedback survey administered by Energage, a leading research firm that specializes in organizational health and workplace improvement. Fifteen aspects of workplace culture were measured, covering four main areas, including how well employees work together toward a common cause. Employees were asked about company values, whether new ideas are encouraged or if managers help employees learn and grow. Pay, benefits and training also are key questions.

Chelsea Groton employees noted that their contributions both in and out of the office are highly valued and that they are members of a close-knit work family. Many feel proud to perform meaningful work that improves the lives of their neighbors, and to be a part of an organization that helped so many facing difficult times during the last 18 months, including Chelsea Groton's Foundation giving over $1 Million to the community in 2020.

"We've always taken great care in selecting benefits and initiatives that contribute to our employees' health and wellbeing, and that's never been more important than with the personal and professional challenges and changes brought forward due to the pandemic," said Anne Wilkinson, SVP, Chief Human Resources Officer at Chelsea Groton Bank. "When teams were largely remote, we held virtual get-togethers, Zoom fitness classes, and employee appreciation days to keep our workforce engaged. As more people came back to the office, we offered safe opportunities for outdoor gatherings, such as ice cream socials at area creameries. We've also done our best to be flexible and understanding when it comes to personal circumstances related to the pandemic, like individual health, childcare needs, and caring for aging family members. We're thrilled our team felt our efforts to accommodate needs and show appreciation."

While Chelsea Groton offers traditional benefits for employees, the Bank also provides employees the opportunity to partake in a variety of continual education programs, and offers the Grow, Launch, and Lead leadership programs for team members at every level within the organization. Team members are invited to participate in a wellness program designed with incentives to track and challenge participants in physical, mental, and financial well-being. Community volunteerism, donations and supply drives have also always been a driving factor in bringing the team together.

Leadership Award

Michael Rauh has been President and CEO of Chelsea Groton Bank since December 2010. Over the last decade, he has not only led the Bank through the expansion of product, service and technology offerings, but he has emphasized a commitment to supporting each individual customer's needs and goals, and dedicating time and resources to the education and development of team members at every level. In addition to being honored with the Leadership Award, Rauh was also recently named Citizen of the Year by the Chamber of Commerce of Eastern Connecticut, and has led Chelsea Groton Bank to be named "Top Workplace" by the Hartford Courant and "Best Bank" by readers of The New London Day for six consecutive years, to be listed by Forbes as one of America's Best-In-State Banks, and to earn a 5-Star "Superior" rating for financial strength by BauerFinancial for over 25 consecutive years.

About Chelsea Groton Bank

Based in Groton, Conn., Chelsea Groton Bank is a full-service mutually owned bank with over $1.5 billion in assets. Chelsea Groton Bank's products and services include consumer banking, business banking, mortgage and business lending, cash management, financial planning and financial education programs. With 14 branch locations throughout New London County and a Loan Production Office in Hartford County, Chelsea Groton Bank also provides online and mobile banking, 24-hour telephone banking, and nationwide ATM banking for individuals, families and businesses.

To learn more, please visit https://www.chelseagroton.com/. Member FDIC. Equal Housing Lender. NMLS Institution ID 402928.

Chelsea Groton Bank was recently named a Top Workplace in Connecticut for the sixth consecutive year, and Michael Rauh, the Bank's President and CEO, was presented with this year's Leadership award, both in the midsize employer category (150-499 employees).

Related link: https://www.chelseagroton.com/

Promontory MortgagePath welcomes Guild Mortgage Correspondent to its investor network

DANBURY, Conn. /ScoopCloud/ -- Promontory MortgagePath LLC, a leading provider of comprehensive digital mortgage fulfillment services, announced Guild Mortgage Correspondent as the most recent addition to its investor network. As part of its comprehensive mortgage fulfillment services, Promontory MortgagePath manages investor relationships on behalf of its community lending clients, facilitating new relationships for clients seeking investor partners and adding and delivering to new investors based on clients' existing relationships. Guild Mortgage Correspondent is the latest investor to join the company's extensive network of investors.

"As lenders advance their investor relationships, their ownership of the origination processes increases - and so does their earning potential. Through Promontory MortgagePath's investor network, we've been able to provide significant value to our clients by facilitating introductions to leading industry investors like Guild Mortgage Correspondent and providing education to help define our clients' journey to the secondary market," said Debora Aydelotte, Chief Operating Officer at Promontory MortgagePath. "Given where Promontory MortgagePath sits inside our clients' organizations and our extensive network of industry connections, it only makes sense for us to help facilitate and manage these vital relationships, and we are especially proud to add Guild Mortgage Correspondent to our expanding investor network."

In addition to facilitating community lenders' entry into the secondary market, Promontory MortgagePath can also connect community lenders to new investors or help them expand or advance their existing investor relationships, resulting in increased profitability. Leveraging custom analyses to account for investors' processes and tolerances during loan origination, Promontory MortgagePath ensures efficient and effective loan delivery to investors on behalf of its clients.

Coupled with Promontory MortgagePath's comprehensive, tech-driven mortgage fulfillment services, lenders can maintain control of all aspects of the origination process - including its contractual relationships with investors - while leaning on Promontory MortgagePath's expertise to create and manage a compliant, efficient, scalable loan manufacturing process that supports the lender's secondary market goals.

"As any mortgage lender knows, originating the loan is only half the battle, and for community lenders in particular, finding the right investment partnerships to support their non-portfolio products can be especially challenging," said Promontory MortgagePath Managing Director and Head of Bank Relations Paul C. Katz. "We're pleased to add to the pool of resources we provide to our community lending clients and look forward to enhancing their relationships with the industry's prominent secondary market investors."

As part of its education efforts, Promontory MortgagePath has released its Guide to the Residential Lending Secondary Market, which provides community lenders with an introduction to selling loans and mortgage servicing rights (MSRs) to investors. Lenders that would like to learn more about Promontory MortgagePath and/or its investor network can contact Paul Katz at paul.katz@mortgagepath.com. Investors interested in becoming part of Promontory MortgagePath's investor network should reach out to Louann Bernstone, managing director and head of investor relationships, at louann.bernstone@mortgagepath.com.

About Promontory MortgagePath LLC | NMLS ID 1532373

Promontory MortgagePath is a fast-growing team of passionate problem solvers on a mission to fundamentally change the way lenders approach their mortgage business. The company combines an intuitive, collaborative digital mortgage platform with modern, comprehensive fulfillment services, giving lenders the progressive technology and scalability required to profitably compete in today's rapidly changing residential mortgage market. Promontory MortgagePath's founder, former U.S. Comptroller of the Currency Gene Ludwig, is widely recognized as a visionary thinker on the critical issues confronting financial services, and his companies are renowned for helping community lenders resolve their most pressing challenges. To learn more, visit https://www.mortgagepath.com.

RELATED LINK: https://www.mortgagepath.com/guide-to-the-residential-lending-secondary-market

Promontory MortgagePath LLC, a leading provider of comprehensive digital mortgage fulfillment services, announced Guild Mortgage Correspondent as the most recent addition to its investor network. As part of its comprehensive mortgage fulfillment services, Promontory MortgagePath manages investor relationships on behalf of its community lending clients.

Related link: https://www.mortgagepath.com/

Promontory MortgagePath Promotes Bryan DeShasier to Chief Administrative Officer, Adds Helen Placente as Managing Director of National Credit Operations

DANBURY, Conn. /ScoopCloud/ -- Leading digital mortgage and fulfillment solutions provider Promontory MortgagePath LLC announced two key staffing changes expanding the strength of its executive team. Bryan DeShasier has been promoted to Chief Administrative Officer (CAO), and Helen Placente has been hired as Managing Director of National Credit Operations.

"Bryan's promotion and the addition of Helen signify our need to expand our top talent to fuel our growth," said Promontory MortgagePath Founder and CEO Gene Ludwig. "Bryan has been an exceptional team member, and Helen's deep expertise and success in mortgage banking are just the right combination to help our clients continue to grow and expand market share. On behalf of our entire team, I want to congratulate Bryan on this well-deserved promotion and welcome Helen to Promontory MortgagePath."

Prior to his promotion, DeShasier was Managing Director of Product and Process. In addition to his work on the company's point-of-sale (POS) technology, Borrower Wallet(r), he was instrumental to the development and launch of Transform, Promontory MortgagePath's latest service delivery model combining licensed loan coordinators, POS technology and fulfillment services to offer a complete mortgage operations platform from application to close. DeShasier played a key role in launching Promontory MortgagePath's initiative to support community development financial institutions' (CDFIs) and minority depository institutions' (MDIs) efforts to expand access to credit and homeownership in underserved communities. Since then, he has helped onboard the program's first two participants.

Placente has more than 25 years of experience in the mortgage banking industry. Most recently, she served as Senior Vice President of Servicing Management at Freedom Mortgage Corporation, where she was called upon to launch the company's servicing outreach program to assist borrowers affected by the COVID-19 pandemic, as well as those experiencing non-pandemic-related financial hardships. Placente also served as Vice President of Wholesale at Mr. Cooper, where she monitored underwriting processes and was the business lead for pre- and post-funding in the quality control department. She has also held executive-level positions in mortgage servicing and originations, non-retail lending, quality assurance and risk management for Caliber Home Loans, TIAA Bank (formerly EverBank) and Aurora Bank.

"Having worked closely with both Bryan and Helen in the past, I am thrilled to have them on our executive team," said Debora Aydelotte, Chief Operating Officer at Promontory MortgagePath. "Their talent, drive and resourcefulness are tremendous assets to Promontory MortgagePath as we deliver the digital mortgage tools and operational support community lenders need to profitably compete in the current mortgage market."

To learn more or find opportunities at Promontory MortgagePath, visit https://www.mortgagepath.com/careers.

About Promontory MortgagePath LLC | NMLS ID 1532373

Promontory MortgagePath is a fast-growing team of passionate problem solvers on a mission to fundamentally change the way lenders approach their mortgage business. The company combines an intuitive, collaborative digital mortgage platform with modern, comprehensive fulfillment services, giving lenders the progressive technology and scalability required to profitably compete in today's rapidly changing residential mortgage market. Promontory MortgagePath's founder, former U.S. Comptroller of the Currency Gene Ludwig, is widely recognized as a visionary thinker on the critical issues confronting financial services, and his companies are renowned for helping community lenders resolve their most pressing challenges. To learn more, visit https://www.mortgagepath.com.

Leading digital mortgage and fulfillment solutions provider Promontory MortgagePath LLC announced two key staffing changes expanding the strength of its executive team. Bryan DeShasier has been promoted to Chief Administrative Officer (CAO), and Helen Placente has been hired as Managing Director of National Credit Operations.

Related link: https://www.mortgagepath.com/

Chelsea Groton Bank, in Partnership with NCDC and GNACC, Offers Free Business Seminars for Local Entrepreneurs

GROTON, Conn. /ScoopCloud/ -- Chelsea Groton Bank kicks off their 5-week "Cultivating Great Business: Small Business Bootcamp" on October 5, 2021. The FREE small business series, designed for aspiring and established entrepreneurs, is offered through the Bank's financial education program, Chelsea University, in partnership with the Norwich Community Development Corporation (NCDC) and the Greater Norwich Area Chamber of Commerce (GNACC). Participants will walk away with a wealth of knowledge and a strong foundation for starting or growing a business.

"Chelsea Groton Bank is passionate about helping turn dreams into realities for businesses of all types. In addition to providing custom financial solutions, we proudly offer informational programs throughout the year to arm business owners with the tools they need to be successful," shared Miria Gray, AS, Community Education Officer at Chelsea Groton Bank. "As so many business owners learned in 2020, it is critical for businesses to have their financial house in order and to be able to market their services. We'll discuss these topics and more throughout the series."

The instructor-led curriculum was developed jointly by the Federal Deposit Insurance Corporation (FDIC) and the U.S. Small Business Administration (SBA). Each class will be delivered by Chelsea Groton Bank team members and local professionals to provide aspiring or current small business owners a practical introduction to aspects of starting and managing a business.

All classes will be offered in person and via Zoom on Tuesdays from 12-1 PM at Chelsea Groton's Westside Branch, 444 West Main Street, Norwich, and Thursdays from 6-8 PM at Foundry 66, 66 Franklin Street, Norwich, from October 5 - November 4.

Class topics are: Is Owning a Business Right for You?, Banking Services, Business Plans, Time Management, Organizational Types, Tax Planning and Reporting, Record Keeping, Small Business Insurance, Risk Management, Social Media Marketing, Financial Management and Cash Flow, and an opportunity to Chat with the Experts.

Community members are invited to register for individual classes or the entire series. Registration is required in order to have accurate in-person headcounts and to receive log-in credentials if attending via Zoom.

To learn more and to register, visit http://www.chelseagroton.com/ChelseaUniversity.

About Chelsea Groton Bank

Based in Groton, Conn., Chelsea Groton Bank is a full-service mutually owned bank with over $1.5 billion in assets. Chelsea Groton Bank's products and services include consumer banking, business banking, mortgage and business lending, cash management, financial and investment planning and financial education programming. With 14 branch locations throughout New London County and a Loan Production Office in Hartford County, Chelsea Groton Bank also provides online and mobile banking, 24-hour telephone banking, video banking, and nationwide ATM banking for individuals, families and businesses.

To learn more, please visit http://www.chelseagroton.com/. Member FDIC. Equal Housing Lender. NMLS Institution ID 402928.

Chelsea Groton Bank kicks off their 5-week "Cultivating Great Business: Small Business Bootcamp" on October 5, 2021. The FREE small business series, designed for aspiring and established entrepreneurs, is offered through the Bank's financial education program, Chelsea University, in partnership with the Norwich Community Development Corporation (NCDC) and the Greater Norwich Area Chamber of Commerce (GNACC).

Related link: https://www.chelseagroton.com/

Promontory MortgagePath’s Chiara Mazzonis and Dean McCall named 2021 HW Insiders by HousingWire Magazine

DANBURY, Conn. /ScoopCloud/ -- Leading digital mortgage and fulfillment solutions provider Promontory MortgagePath LLC announced two of its employees - Human Resources Director Chiara Mazzonis and Managing Director of Development Operations and Data Dean McCall - have been recognized by industry trade publication HousingWire in its 2021 HW Insiders awards program.

"Chiara and Dean exemplify what it means to be an operational superstar. Both have been with Promontory MortgagePath from the beginning, and their dedication, hard work and passion for our mission to deliver a faster, more inclusive mortgage origination process have helped the company reach new heights in the past year," said Debora Aydelotte, chief operating officer at Promontory MortgagePath. "It is with great pride that we congratulate them both on this well-deserved honor."

Mazzonis was recognized for her efforts over the past year in managing a 91.2% increase in Promontory MortgagePath's workforce - many of whom are remote employees - while also maintaining all-time-high employee satisfaction levels and a less than 1% employee turnover rate during the pandemic. With Mazzonis' help, Promontory MortgagePath has also prioritized diversity and equity as its workforce grows. Currently, more than half of executive-level positions are held by women and/or persons of color, and the company has achieved an 8% year-over-year increase in the diversity of its entire employee base and a 10% increase in the number of female team members.

As the mastermind behind Promontory MortgagePath's cloud infrastructure blueprint, McCall has developed a talent for matching data architecture to unique mortgage-industry problems and incorporating self-service data insights into mortgage operations. In addition to many of his back-end development contributions, McCall led the team responsible for creating Promontory MortgagePath's point-of-sale technology Borrower Wallet®, as well as developing the company's proprietary data collection tools Perfected Qualifying Data® and IncomeAI®. Thanks to his efforts, Promontory MortgagePath has grown from a start-up to more than 200+ employees servicing multiple customers in just a few short years. At Promontory MortgagePath, McCall has been able to channel over 20 years of industry experience into efforts that have helped clients achieve, on average, a 75% increase in the number of loan applications taken per month, with month-over-month increases reaching as high as 255%.

"The housing economy has successfully navigated a year of record high volumes and technological innovation moving at breakneck speed - all while grappling with the operational challenges presented by a global pandemic," said Clayton Collins, CEO of HW Media. "This is the perfect time to pause and recognize the professionals in mortgage, real estate and technology who are truly moving this market forward. The 2021 HousingWire Insiders all possess the intellect, stamina and leadership to transform the housing industry for the better - growing businesses and supporting millions of American families."

The HousingWire Insiders awards program seeks to highlight team members that are behind the scenes and vital to their organization's success. Insider honorees have been featured in the September issue of HousingWire Magazine. The complete list of HousingWire Insiders can be viewed on www.housingwire.com.

About Promontory MortgagePath LLC | NMLS ID 1532373

Promontory MortgagePath is a fast-growing team of passionate problem solvers on a mission to fundamentally change the way lenders approach their mortgage business. The company combines an intuitive, collaborative digital mortgage platform with modern, comprehensive fulfillment services, giving lenders the progressive technology and scalability required to profitably compete in today's rapidly changing residential mortgage market. Promontory MortgagePath's founder, former U.S. Comptroller of the Currency Gene Ludwig, is widely recognized as a visionary thinker on the critical issues confronting financial services, and his companies are renowned for helping community lenders resolve their most pressing challenges. To learn more, visit https://www.mortgagepath.com.

About HousingWire

HousingWire is the most influential source of news and information for the U.S. mortgage and housing markets. Built on a foundation of independent and original journalism, HousingWire reaches over 60,000 newsletter subscribers daily and over 1.0 million unique visitors each month. Our audience of mortgage, real estate and fintech professionals rely on us to Move Markets Forward. Visit www.housingwire.com or www.solutions.housingwire.com to learn more.

Leading digital mortgage and fulfillment solutions provider Promontory MortgagePath LLC announced two of its employees - Human Resources Director Chiara Mazzonis and Managing Director of Development Operations and Data Dean McCall - have been recognized by industry trade publication HousingWire in its 2021 HW Insiders awards program.

Related link: https://www.mortgagepath.com/

Success Systems, Inc. Relocates Headquarters to 383 Main Ave, Norwalk, CT: Choyce Peterson Negotiates 5,649 SF Transaction

NORWALK, Conn. /ScoopCloud/ -- Choyce Peterson, Inc. (www.choycepeterson.com), a full-service commercial real estate brokerage firm, announced the successful conclusion of sublease negotiations on behalf of Success Systems, Inc. (www.success-systems.com) for a 5,649 square foot (SF) office at MerrittView, 383 Main Avenue in Norwalk, CT. Choyce Peterson Principal John Hannigan represented Success Systems in this transaction.

When Success Systems recognized that their current lease was nearing expiration, they reached out to Hannigan who had represented them in their original relocation from Stamford to Norwalk in 2015. They explained that they were seeking to relocate within Norwalk to an attractive building with excellent amenities including covered parking, in a convenient location near the Merritt Parkway. They also wished to take advantage of the economic environment favorable to tenants.

After touring buildings throughout the Norwalk area, Success Systems narrowed in on a sublease at MerrittView, 383 Main Avenue. This particular suite had an existing layout conducive to their space needs and included furniture. The Success Systems team appreciated that MerrittView presents a great value combination of rental rates and best-in-class amenities including a newly renovated fitness center and cafeteria, ample covered parking, and shuttle service to the South Norwalk and Merritt 7 train stations. Most importantly, the MerrittView building has a convenient location right at Exits 40A/B on the Merritt Parkway, is only 0.5 miles to the Merritt 7 Train Station, 4 miles to the South Norwalk Train Station, and 3 miles to I-95 (Exit 15).

Hannigan commented, "It's been a pleasure representing Success Systems once again in their lease negotiations. There were many available suites to tour in all areas of Norwalk, but by focusing on the most important factors of value and location, we were able to guide the decision-making process, find the best solution to suit their needs, and negotiate very favorable economic terms."

The Success Systems team concluded, "We were very happy to once again work with John on this relocation project. He understood exactly what we were seeking in a new office and did an excellent job of analyzing market options, including the favorable economics of a sublease. We are excited to expand our office space in this new location with terrific amenities for our employees."

The sublandlord was represented by Executive Managing Director Patricia Valenti of Newmark Knight Frank. The landlord of the MerrittView building is Empire State Realty Trust.

About Success Systems, Inc.

Success Systems is the most recommended supplier of cloud-based, turnkey store automation solutions for independent convenience, grocery, petroleum, tobacco and liquor retail outlets. Reflecting more than 36 years of field-tested experience, our offerings are designed to help customers optimize every aspect of their operations and achieve measurable results.

About Choyce Peterson

Choyce Peterson, Inc., a full service commercial real estate brokerage firm with offices in Norwalk, CT and Rye Brook, NY, was founded in 1997 and has negotiated millions of square feet of transactions in 42 states and Canada. The Choyce Peterson process delivers comprehensive and creative real estate solutions to ensure clients derive maximum value from their real estate decisions.

Learn more: http://www.choycepeterson.com/

MEDIA CONTACT:
John Hannigan
Principal
Choyce Peterson, Inc.
(203) 961-8175
jhannigan@choycepeterson.com

MULTIMEDIA:

*PHOTO link for media: https://www.Send2Press.com/300dpi/21-0901s2p-383-main-ave-300dpi.jpg

*Caption: Photo courtesy of CoStar with permission from ESRT.

Choyce Peterson, Inc., a full-service commercial real estate brokerage firm, announced the successful conclusion of sublease negotiations on behalf of Success Systems, Inc. for a 5,649 square foot (SF) office at MerrittView, 383 Main Avenue in Norwalk, CT. Choyce Peterson Principal John Hannigan represented Success Systems in this transaction.

Related link: https://www.choycepeterson.com/

Promontory MortgagePath’s Debora Aydelotte and Louann Bernstone Named 2021 NEXT Powerhouse Partners

DANBURY, Conn. /ScoopCloud/ -- Leading digital mortgage and fulfillment solutions provider Promontory MortgagePath LLC announced Chief Operating Officer Debora Aydelotte and Managing Director and Head of Vendor Management Louann Bernstone have been selected as NEXT Powerhouse Partners.

The #NEXTPowerhouse Partner awards program honors female powerhouses at the intersection of the mortgage and technology industries.

"Promontory MortgagePath must have the highest quality team members in order to deliver the technology and scalability community lenders need to compete," said Promontory MortgagePath Founder and CEO Gene Ludwig. "Debora Aydelotte and Louann Bernstone are perfect examples of our best-in-class team. They are incredible leaders who we depend on day in and day out. We are extremely proud of their accomplishments and appreciate that NEXT recognized their talent."

Aydelotte's passion for mentorship and commitment to employee success caught the attention of NEXT. Under her leadership, Promontory MortgagePath has grown tremendously from both a product and personnel perspective while blazing a trail for diversity and inclusion in the organization's leadership team. In the past 12 months, Aydelotte has overseen the Transform product launch, kicked off Promontory MortgagePath's initiative to help community development financial institutions (CDFIs) and minority-owned depositories (MDIs) expand mortgage credit access, and overseen the successful implementation of its first MDI, Industrial Bank, and the onboarding of two MDIs.

Bernstone was recognized for her efforts in curating and managing Promontory MortgagePath's tech stack, which includes all vendor onboarding and oversight to ensure compliance with regulatory requirements and minimize vendor risk, leading due diligence efforts and ensuring all third parties are performing at optimal levels.

Thanks to Promontory MortgagePath's tech stack, community lenders utilizing Promontory MortgagePath's Borrower Wallet® point-of-sale technology and mortgage fulfillment services have experienced a 75% increase in the average number of loan applications taken per month, with month-over-month increases reaching as high as 255%. In addition, the application pull-through rate for Promontory MortgagePath's clients is 86%, demonstrating the overall quality of initial loan applications.

The full list of NEXT Powerhouse partners and award honorees can be viewed at https://nextmortgagenews.com/2021-next-powerhouse-award-winners/.

About Promontory MortgagePath LLC | NMLS ID 1532373

Promontory MortgagePath is a fast-growing team of passionate problem solvers on a mission to fundamentally change the way lenders approach their mortgage business. The company combines an intuitive, collaborative digital mortgage platform with modern, comprehensive fulfillment services, giving lenders the progressive technology and scalability required to profitably compete in today's rapidly changing residential mortgage market. Promontory MortgagePath's founder, former U.S. Comptroller of the Currency Gene Ludwig, is widely recognized as a visionary thinker on the critical issues confronting financial services, and his companies are renowned for helping community lenders resolve their most pressing challenges. To learn more, visit https://www.mortgagepath.com.

Leading digital mortgage and fulfillment solutions provider Promontory MortgagePath LLC announced Chief Operating Officer Debora Aydelotte and Managing Director and Head of Vendor Management Louann Bernstone have been selected as NEXT Powerhouse Partners.

Related link: https://www.mortgagepath.com/

4,979 Square Foot Immaculate, Turn-Key Office Space Sublease at 9 West Broad Street in Stamford, CT Represented by Choyce Peterson

NORWALK, Conn. /ScoopCloud/ -- Choyce Peterson, Inc. (www.choycepeterson.com), a full-service commercial real estate brokerage and consulting firm, announced they are exclusively representing a 4,979 square foot (SF) office suite available for sublease at 9 West Broad Street in Stamford, CT. Choyce Peterson Vice Presidents Adam Cognetta and Charlene O'Connell comprise the brokerage team.

9 West Broad Street is a Class A office building in the heart of downtown Stamford which completed a $10 million renovation in 2014. This property offers modern open common spaces coupled with incredible, upper-floor views of Long Island Sound, and walking access to downtown Stamford. The building is conveniently located 0.6 miles to I-95, 3.7 miles to the Merritt Parkway, and a 10-minute walk to the Stamford Metro-North Train Station. 9 West Broad also features covered parking, a private tenant shuttle to the Stamford Train Station, a full-service cafeteria with indoor and outdoor seating, fitness center, conference facility, and on-site security. The building is professionally owned and managed by Stamford-based, Forstone Capital.

The newly built-out, well-appointed 4,979 SF office space being marketed for sublease is on the 5th floor with expansive windows that offer panoramic views of downtown. With high grade finishes, the suite has 3 conference rooms, 20 workstations and an open pantry in its current configuration, and furniture can be made available. The sublease term is through October 2026, while a direct deal with the landlord is also possible.

Cognetta commented, "We are pleased to represent such a pristine, newly-built out office space within a freshly renovated downtown building. 9 West Broad Street is perfectly situated adjacent to Mill River Park and within walking distance of countless restaurants, and stores. This suite presents an ideal situation for any company looking to establish a presence in a class A building in downtown Stamford."

For further information, please visit our website: https://www.choycepeterson.com/property/9-west-broad-st-stamford-ct

About Choyce Peterson

Choyce Peterson, Inc., a full service commercial real estate brokerage and consulting firm with offices in Norwalk, CT and Rye Brook, NY, was founded in 1997 and has negotiated millions of square feet of transactions in 42 states and Canada. The Choyce Peterson process delivers comprehensive and creative real estate solutions to ensure clients derive maximum value from their real estate decisions.

MEDIA CONTACT:

Adam Cognetta

Vice President

Choyce Peterson, Inc.

(203) 961-8173

acognetta@choycepeterson.com

www.choycepeterson.com

MULTIMEDIA:

Photo link for media: https://www.Send2Press.com/300dpi/21-0804s2p-9westbroad-300dpi.jpg

Photo caption: Photo courtesy of CoStar.

Choyce Peterson, Inc., a full-service commercial real estate brokerage and consulting firm, announced they are exclusively representing a 4,979 square foot (SF) office suite available for sublease at 9 West Broad Street in Stamford, CT. Choyce Peterson Vice Presidents Adam Cognetta and Charlene O'Connell comprise the brokerage team.

Related link: https://www.choycepeterson.com/

Promontory MortgagePath COO Debora Aydelotte Earns Top Female Industry Leadership Honors from HousingWire and Mortgage Banker Magazine

DANBURY, Conn. /ScoopCloud/ -- Leading digital mortgage and fulfillment solutions provider Promontory MortgagePath LLC announced Chief Operating Officer Debora Aydelotte has been recognized by HousingWire and Mortgage Banker Magazine for her leadership contributions to the mortgage industry. Aydelotte has been named one of HousingWire's 2021 Women of Influence and is among Mortgage Banker Magazine's 2021 Powerful Women in Mortgage Banking.

Over the last 12 months, Aydelotte has overseen the launch of Transform, Promontory MortgagePath's expanded service delivery model, and kicked off the company's CDFI and MDI initiative. Under Aydelotte's leadership, Promontory MortgagePath has also expanded its operations with an additional fulfillment center, doubled its workforce year-over-year and garnered key endorsements from organizations such as the Independent Bankers Association of Texas, the Community Development Bankers Association, the Oregon Bankers Association and the Oklahoma Bankers Association.

"Advocating for diversity, equity and inclusion has been a personal mission throughout my entire career, and being able to channel that passion into the work Promontory MortgagePath is doing to promote greater inclusion and equity in financial services has made my work that much more meaningful," said Aydelotte. "For nearly two decades, it has been my privilege as an executive to mentor others and contribute to their growth, and I am honored to be recognized by both HousingWire and Mortgage Banker Magazine for these efforts."

Each of these awards seeks to highlight female pioneers, innovators and leaders in the mortgage industry. To view Aydelotte's profile and the full list of HousingWire Women of Influence honorees visit https://www.housingwire.com/articles/presenting-housingwires-2021-women-of-influence/. Aydelotte's feature in Mortgage Banker Magazine, along with the full list of honorees, can be viewed at https://nationalmortgageprofessional.com/news/powerful-women-mortgage-banking-2021.

About Promontory MortgagePath LLC | NMLS ID 1532373

Promontory MortgagePath is a fast-growing team of passionate problem solvers on a mission to fundamentally change the way lenders approach their mortgage business. The company combines an intuitive, collaborative digital mortgage platform with modern, comprehensive fulfillment services, giving lenders the progressive technology and scalability required to profitably compete in today's rapidly changing residential mortgage market. Promontory MortgagePath's founder, former U.S. Comptroller of the Currency Gene Ludwig, is widely recognized as a visionary thinker on the critical issues confronting financial services, and his companies are renowned for helping community lenders resolve their most pressing challenges. To learn more, visit https://www.mortgagepath.com.

Leading digital mortgage and fulfillment solutions provider Promontory MortgagePath LLC announced Chief Operating Officer Debora Aydelotte has been recognized by HousingWire and Mortgage Banker Magazine for her leadership contributions to the mortgage industry. Aydelotte has been named one of HousingWire's 2021 Women of Influence and is among Mortgage Banker Magazine's 2021 Powerful Women in Mortgage Banking.

Related link: https://www.mortgagepath.com/

Spectacular 11,685 Square Foot Office Space Sublease at 107 Elm Street in Stamford, CT Represented by Choyce Peterson

NORWALK, Conn. /ScoopCloud/ -- Choyce Peterson, Inc. (www.choycepeterson.com), a full-service commercial real estate brokerage and consulting firm, announced they are exclusively representing an 11,685 square foot (SF) office suite available for sublease at 4 Stamford Plaza building, 107 Elm Street in Stamford, CT. Choyce Peterson Principal John Hannigan, Vice President Adam Cognetta, and Associate Casey McKnight comprise the brokerage team.

Stamford Plaza is a four-building, Class A office complex in the heart of downtown Stamford, adjacent to I-95, and less than a mile to the Stamford Metro North Train Station. Stamford Plaza has a 1,200-space covered parking garage, a private tenant shuttle to the Stamford Train Station, a 2.5 acre professionally designed outdoor plaza, fitness facility, conference center, cafeteria, and a dry cleaner. The building complex owner, RFR Realty, offers 24-hour attended security and on-site building management.

The newly built-out 11,685 SF office is in pristine condition on the tenth floor and offers views of Long Island Sound. The suite has 16 offices, 3 conference rooms, and 15 workstations with clear-vision upper panels that provide noise reduction and offering plenty of daylight. In addition, there is a private kitchen with all new appliances, a wellness room with a sink, and furniture is available. The sublease term is through December 2023, while a direct deal with the landlord is also possible.

Hannigan commented, "We are thrilled to represent such a superb, newly-built out office space within a spectacular downtown office complex. Stamford Plaza is conveniently situated within walking distance of downtown restaurants and stores. With top-tier building amenities and convenient access to both I-95 and the Stamford Train Station, this office space would be a perfect choice for any company looking to relocate to a Class A building in downtown Stamford."

For further information and to take a virtual tour of the suite, please visit our website: https://www.choycepeterson.com/property/107-elm-st

About Choyce Peterson

Choyce Peterson, Inc., a full service commercial real estate brokerage and consulting firm with offices in Norwalk, CT and Rye Brook, NY, was founded in 1997 and has negotiated millions of square feet of transactions in 42 states and Canada. The Choyce Peterson process delivers comprehensive and creative real estate solutions to ensure clients derive maximum value from their real estate decisions.

MEDIA CONTACT:
John Hannigan
Principal
Choyce Peterson, Inc.
(203) 912-3677
jhannigan@choycepeterson.com
www.choycepeterson.com

MULTIMEDIA:

*PHOTO link for media: https://www.Send2Press.com/300dpi/21-0728s2p-cp-elm-st-bldg-300dpi.jpg

Caption: Photo courtesy of CoStar.

Choyce Peterson, Inc., a full-service commercial real estate brokerage and consulting firm, announced they are exclusively representing an 11,685 square foot (SF) office suite available for sublease at 4 Stamford Plaza building, 107 Elm Street in Stamford, CT.

Related link: https://www.choycepeterson.com/

Choyce Peterson Publishes Mid-Year 2021 Lower Fairfield County Office Space Availability Poster

NORWALK, Conn. /ScoopCloud/ -- Choyce Peterson, Inc. (www.choycepeterson.com), a full service commercial real estate brokerage firm with a specialization in tenant representation, announced the release of its 23rd semi-annual Lower Fairfield County Office Space Availability Poster.

The full-size poster depicts silhouettes of 96 buildings with a total inventory of 18.2 million square feet (sf) and tracks changes in office space availability from Year-End 2020 to Mid-Year 2021 in larger, primarily multi-tenanted Class A office buildings in Stamford, Norwalk, Greenwich, and Westport. The unique study illustrates the absorption and give back of direct and sublease space, as well as overall availability statistics.

This report shows there was a 1.9 percentage point increase in total availability during the first half of 2021, from 27.8% at Year-End 2020 to 31.7% at Mid-Year 2021. Interestingly, of the 361,923 sf increase in total availability, 88% is due to new sublease space added to the market.

The following refers to the poster's "availability rate" at Year End 2020 vs. Mid-Year 2021 in each market surveyed:

* Stamford increased from 34.1 to 35.1%. Of the 31 buildings surveyed, 11 experienced a decrease in available square footage, 12 had an increase and 8 were unchanged. 300 Atlantic Street, 1 Landmark Square, and 677 Washington Boulevard combined added 157,672 sf of available space.
* Norwalk increased from 34.6% to 35.8%. Of the 20 buildings surveyed, 7 experienced a decrease in available square footage, 9 had an increase and 4 were unchanged. 383 Main Avenue, 201 Merritt 7 and 401 Merritt 7 combined added 81,883 sf of available space.
* Greenwich increased from 16.1% to 21.8%. Of the 25 buildings surveyed, 9 experienced a decrease in available square footage, 7 had an increase and 9 were unchanged. 1 American Lane, 100 West Putnam Avenue, and 411 West Putnam Avenue combined added 249,173 sf of available space.
* Westport, the strongest of the four markets, increased from 12.6% to 13.6%. Of the 20 buildings surveyed, 3 experienced a decrease in available square footage, 7 had an increase and 10 were unchanged. 500 Post Road E, 276 Post Road W, and 315 Post Road W combined added 17,725 sf of available space.

"Over the past five years, this is only the second time that all four sub-markets have shown an increase in availability," stated John P. Hannigan, a principal at Choyce Peterson. "The total availability increased by 1.9 percentage points over the past six months. And in the twelve-month period (July 1, 2020 - June 30, 2021) it increased by 3.9 percentage points. With an abundance of office space available in the market, tenants can choose between a wide geographic, quality and price range. Free rent, landlord funded build outs, and discounted rent continue be favorable deal terms for tenants in today's market."

Adam Cognetta, a vice president at Choyce Peterson noted, "While availability is up, office leasing inquiries remain strong with some tailwinds courtesy of recent Lower Fairfield County HQ relocation announcements. Companies with foresight on headcount, performance, and utilization of space in markets with high availability rates are best positioned to lock-in attractive, long-term deals. Firms or organizations lacking that visibility still have plenty of shorter-term, turn-key options via both direct space and sublease alternatives. We remain cautiously optimistic as the lasting effects of work-from-home and post-pandemic workplace take shape."

To view the poster, click on the following link: http://www.choycepeterson.com/officeposter

To order a copy of Choyce Peterson's comparative Silhouette Poster, please call 203-356-9600 or email info@choycepeterson.com.

About Choyce Peterson

Choyce Peterson, Inc., a full service commercial real estate brokerage and consulting firm with offices in Norwalk, CT and Rye Brook, NY, was founded in 1997 and has negotiated millions of square feet of transactions in 42 states and Canada. The Choyce Peterson process delivers comprehensive and creative real estate solutions to ensure clients derive maximum value from their real estate decisions.

MEDIA CONTACTS:
John P. Hannigan
Principal
203-961-8175
Choyce Peterson, Inc.
jhannigan@choycepeterson.com
www.choycepeterson.com

Adam M. Cognetta
Vice President
203-961-8173
203-961-8173
acognetta@choycepeterson.com
www.choycepeterson.com

MULTIMEDIA:

*IMAGE link for media: https://www.Send2Press.com/300dpi/21-0719s2p-choycep-chart-300dpi.jpg

*Caption: Choyce Peterson's Mid-Year 2021 Lower Fairfield County Office Space Availability Poster.

Choyce Peterson, Inc., a full service commercial real estate brokerage firm with a specialization in tenant representation, announced the release of its 23rd semi-annual Lower Fairfield County Office Space Availability Poster.

Related link: https://www.choycepeterson.com/

Oklahoma Bankers Association Endorses Promontory MortgagePath’s Mortgage Fulfillment Services and POS Technology

DANBURY, Conn. /ScoopCloud/ -- Promontory MortgagePath LLC, a leading provider of comprehensive digital mortgage and fulfillment solutions, announced today the Oklahoma Bankers Association (OBA) has officially endorsed its mortgage fulfillment services and proprietary point-of-sale technology Borrower Wallet®.

OBA recognized Promontory MortgagePath's mortgage technology and end-to-end fulfillment services for their ability to help its members reduce mortgage origination expenses while allowing them to retain a full mortgage product suite. By shifting fixed mortgage-operations costs to a variable cost model through Promontory MortgagePath, community banks can augment their staffing needs to match the ebb and flow of the mortgage market.

"OBA's mission is to ensure Oklahoma's robust banking community possesses the tools it needs to support its communities and few support a community like increased homeownership," said OBA President and CEO Adrian Beverage. "Promontory MortgagePath's mortgage technology and fulfillment services will deepen our community banks' capacities to serve their communities while also providing stability and longevity through increased access to homeownership."

Founded by former U.S. Comptroller of Currency Gene Ludwig, Promontory MortgagePath began with a commitment to empower community banks to participate profitably in mortgage lending. By offering mortgage technology and end-to-end fulfillment services, Promontory MortgagePath helps community banks build franchise value and expand relationships with their customers while establishing mortgage businesses that can withstand all market conditions. Although Promontory MortgagePath provides both the technology - including a POS and LOS - and back-office operational support, such as processors, underwriters and closers, community banks require to profitably grow their businesses, all loans are issued in the bank's name, and the bank retains control over the product mix and pricing, ensuring mortgage operations remain in line with the bank's overall risk appetite and growth plans.

"Our solution amplifies a core strength of community banks - outstanding customer service - by adding a digital platform and comprehensive fulfillment services," said Paul Katz, managing director and head of bank relations at Promontory MortgagePath. "We're excited to partner with OBA to bring a profitable, efficient, and compliant mortgage solution to its member banks."

About Oklahoma Bankers Association

For more than 100 years, Oklahoma banks have relied upon the Oklahoma Bankers Association to address their changing needs and challenges. Today, OBA serves approximately 200 member banks located statewide. Based in Oklahoma City, the OBA assists its members with government relations, educational programs, legal and compliance services, communications, insurance products and numerous products and services. The OBA works with banks to ensure they have the tools they need to support their communities and provides fraud training programs to banks at no charge, as well as financial literacy programs to communities across the state and so much more. The OBA owns two subsidiaries - the OBA Services Company and the OBA Insurance Agency, which specialize in products and services for the banking industry. While the OBA offers a wide variety of services and benefits to its members, it's efforts can be summed up in four simple words: We Make Bankers Better! For more information, visit https://www.oba.com.

About Promontory MortgagePath LLC | NMLS ID 1532373

Promontory MortgagePath is a fast-growing team of passionate problem solvers on a mission to fundamentally change the way lenders approach their mortgage business. The company combines an intuitive, collaborative digital mortgage platform with modern, comprehensive fulfillment services, giving lenders the progressive technology and scalability required to profitably compete in today's rapidly changing residential mortgage market. Promontory MortgagePath's founder, former U.S. Comptroller of the Currency Gene Ludwig, is widely recognized as a visionary thinker on the critical issues confronting financial services, and his companies are renowned for helping community lenders resolve their most pressing challenges. To learn more, visit https://www.mortgagepath.com.

Promontory MortgagePath LLC, a leading provider of comprehensive digital mortgage and fulfillment solutions, announced today the Oklahoma Bankers Association (OBA) has officially endorsed its mortgage fulfillment services and proprietary point-of-sale technology Borrower Wallet®.

Related link: https://www.mortgagepath.com/

Chelsea Groton Bank Proudly Offers Homebuyer Assistance Program for Persons with Documented Disabilities

GROTON, Conn. /ScoopCloud/ -- Chelsea Groton Bank is pleased to partner with the Connecticut Housing Finance Authority (CHFA) to help borrowers with documented disabilities to purchase their first home, through the Home of Your Own Program.

The Home of Your Own Program allows borrowers to be eligible for a low-interest rate loan and down-payment assistance if the borrower or a live-in family member of the borrower has a documented disability.

"Keeping in line with our commitment to assisting all qualifying persons to achieve homeownership, we are thrilled to be able to offer a program specifically for the members of our community who overcome challenges each day due to a documented disability. We look forward to supporting the borrowers and their loved ones as they purchase a first home," shared Matt Morrell, VP, Retail Lending Manager at Chelsea Groton Bank. "As the leading mortgage lender in Eastern Connecticut, we're committed to preparing people to buy a home when it makes good financial sense for them. This program offers financial assistance and ensures, by requiring borrowers to attend a homebuyer class, that first time homeowners are prepared to accept the responsibility of homeownership."

In addition to providing the disability documentation, borrowers must be a first-time homebuyer or have not owned a home in the past three years, and the home must be the borrower's primary residence. Borrowers must qualify for the program and attend a free Homebuyer Education course prior to closing. Eligible properties may include existing single family homes, multi-unit, condominiums, townhouses and new construction.

Chelsea Groton offers many additional affordable lending programs to the community through partnerships with Veterans Administration, Federal Housing Administration (FHA), US Department of Agriculture (USDA) and down payment assistance and grant programs, including FHLB Equity Builder, HDF SmartMove, and CHFA DAP.

Please visit https://www.chelseagroton.com/ for more information and to contact a lender about specific eligibility requirements.

About Chelsea Groton Bank

Based in Groton, Conn., Chelsea Groton Bank is a full-service mutually owned bank with over $1.4 billion in assets. Chelsea Groton Bank's products and services include consumer banking, business banking, mortgage and business lending, cash management, financial planning and financial education programming. With 14 branch locations throughout New London County and a Loan Production Office in Hartford County, Chelsea Groton Bank also provides online and mobile banking, 24-hour telephone banking, and nationwide ATM banking for individuals, families and businesses. To learn more, please visit chelseagroton.com. Member FDIC. Equal Housing Lender. NMLS Institution ID 402928.

Chelsea Groton Bank is pleased to partner with the Connecticut Housing Finance Authority (CHFA) to help borrowers with documented disabilities to purchase their first home, through the Home of Your Own Program.

Related link: https://www.chelseagroton.com/